336 resultados para Arajärvi, Pentti


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Opetusministeriölle, Suomen Akatemialle, Korkeakoulujen rehtorien neuvostolle, Turun uudelle yliopistolle.

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Kommentti kirja-arvosteluun: Taiteenfilosofian klassikko raakakäännöksenä / Pentti Määttänen (Tieteessä tapahtuu 1/2011).

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Kirjallisuusarvostelu

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Vastine Jaakko Anhavan kirjoitukseen: Linkolan eksymys (Tieteessä tapahtuu 2/2011).

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Kirjallisuusarvostelu

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Pentti Vattulaisen esitys Painetun aineiston saatavuus -seminaarissa 2.11.2011 Helsingissä

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Pentti Vattulaisen esitys Kohti aineistojen yhteiskäyttöä -seminaarissa 2.11.2011 Helsingissä

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The purpose of the thesis is to examine the added value of combining value and momentum indicators in the Swiss stock exchange. Value indicators employed are P/E, EV/EBITDA, P/CF, P/B ja P/S. Momentum indicators examined are 52-week high, acceleration rate, 12-month past return and 6-month past return. The thesis examines whether the composite value measures based on the above mentioned ratios can add value and whether the inclusion of momentum can further improve the risk return profile of the value portfolios. The data is gathered from the Swiss equity market during the sample period from May 2001 to May 2011. Previous studies have shown that composite value measures can somewhat add value to the value portfolio strategy. Similarly, recent academic literature have found evidence that momentum works well as a timing indicator for time to entry to value stocks. This study indicates that the added value of composite value measures exists. It also shows that momentum combined to acceleration rate can significantly improve the risk adjusted performance of value-only portfolios.

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Artikkelissa kootaan teoreettisista ideoista ja empiirisestä tutkimuksesta aineksia L.S. Vygotskyn lähikehityksen vyöhykkeen tarkentamiseksi.