Henry Inegbedion. Efficient Market Hypothesis and the Nigerian Capital Market: Examination of the Nigerian Stock Market for Market EfficiencyPublisher:
In the wake of the deregulation of the financial sector in Nigeria, following the enthronement of democratic governance, several policies were put in place to stimulate capital market activities. The series of policies, especially the twenty-five Billion Naira capitalization of Banks, led to unprecedented increase in trading on the floor the Nigerian Stock exchange. The perceived rapid returns to investors were suggestive of a speculative market and thus made the market very attractive. Although the studies conducted before this period indicated that the Nigerian Capital Market was efficient in the weak form, there was need for a robust replication of earlier studies to determine the extent to which such claims still held sway against the backdrop of persistent bullish runs; this is what this study sought to achieve. Results of this study showed that the Nigerian capital market is efficient in the weak form; thus showing consistency with most previous studies. It is thus reasonable to...
Michael C. Thomsett. Winning With Stocks: The Smart Way to Pick Investments, Manage Your Portfolio, and Maximize ProfitsPublisher:
With a refreshing absence of jargon—and a substantial dose of straightforward guidance and explanation—Winning with Stocks breaks down the basics of making the kind of investment decisions that will pay off. Covering the most valuable indicators of ck market performance—such as current ratio and debt ratio, revenue trend, net return, price history, volatility, P/E ratio, and trading range trends—the book shows readers how to take advantage of opportunities while limiting risks. Readers will learow to uncover the best stocks, determine what to believe in the popular press, manage liquidity, employ technical tests to analyze companies’ performance, and more. Supplying practical tools and illuminating examples, the book gives readers the guidance ainformation they need to control their individual portfolios, take control of their investments, and maximize their long-term success in the ever-changing market.
Book Description Traders and investors spend fortunes in time and money trying to gauge the real value of individual stocks. The Streetsmart Guide to Valuing a Stock introduces proven techniques for analyzing a stock's value, spotting undervalued and overvalued stocks, and understanding the impact of interest rate changes and earnings reports on stock prices. New topics include: Finance theory in the stock valuation process Short-term stock price versus long-term value Useof valuation models to uncover misstatements and outright fraud
Confirmatory Analysis A® : Finding Winning Stocks is the collaborative effort of three individuals who met through an internet investing group. The internet allowed members of this group from around the world to meet and share ideasvirtually during a time when access to credible equity information was scarce. This book explains how the authors met and developed their techniques for investing. Confirmatory Analysis A® is the result of years of investigating the behavior of stocks, and time proven financial research. The book unfolds complex investing principles and attempts to explain them in easy to understand terms, phrases, and examples intended for the beginning investor wishing to harness the vast potential of the Internet. In simple terms, stock screening and researching volatile technology stocks for investing are also explained in separate chapters. The examples and strategies explained in this book are intended for the beginning to...
Most investors have been led to believe that stock market behavior is random and cannot be timed. Nothing could be further from the truth! Futures markets have been successfully timed by traders since the mid 1800s, and today's stock markets exhibit amazingly similar, recognizable trending patterns. Investors who understand and spot those patterns can—with a minimum of trades—double, triple, or even quadruple their long-term returns! THE STREETSMART GUIDE TO TIMING THE STOCK MARKET explains for all investors how basic technical tools—well-known and popular in the futures market—can show you how to make the most of stock market opportunities. Using key indicators from the futures market, leading futures trader and advisor Colin Alexander has developed an innovative decision-making system for determining which stocks to buy and how to recognize when those stocks are poised for an upward move. Case studies for market leaders, including IBM, Citicorp,...