01
Original Article
Open Access
Value, Size, and Momentum across Countries
Adam Zaremba, Przemyslaw Konieczka
· pp. 7–31
DOI: 10.17010/ijf/2014/v8i9/71849
The study investigated the characteristics of inter-country value, size, and momentum premiums. We have contributed to the asset-pricing literature in three ways. First, we have provided fresh evidence for value, size, and momentum premiums in country returns. Second, we showed …
Keywords:
Value Premium, Size Premium, Momentum Effect, Cross-Section of Inter-Country Returns, Global Asset Allocation
02
Original Article
Open Access
Informational Asymmetry Between Informed and Retail Investors While Investing in the Indian IPO Market
Deepak R., Swathi Gowda
· pp. 32–46
DOI: 10.17010/ijf/2014/v8i9/71850
Do retail investors make investment decisions in the primary markets based on personal decisions (mainly gut feeling) ? by taking clues from institutional investors ? or by seeking help of ratings given by credit-rating agencies ? - these are the …
Keywords:
Retail Investors, Primary Markets, IPOs, Stepwise Regression, Granger Causality
03
Original Article
Open Access
Fundamental Analysis of the Banking Sector in India
P. Hanumantha Rao, Subhendu Dutta
· pp. 47–56
DOI: 10.17010/ijf/2014/v8i9/71851
The last 5-6 years have been very volatile for not only the Indian economy, but also for the entire world economy. Lots of investors have lost their money as the stock prices have fallen flat all over the world during …
Keywords:
Net Operating Margin (OPM), Net Profit Margin (NPM), Return on Equity (RoE), Earnings per Share (EPS), Price Earnings Ratio (PER), Dividends per Share (DPS), Dividend Payout Ratio (DPR), Banking Sector, Fundamentals G210, M410, O430
04
Original Article
Open Access
An Empirical Study on the Utility of Sharpe's Single Index Model in Optimal Portfolio Construction
R. Nalini
· pp. 57–68
DOI: 10.17010/ijf/2014/v8i9/71852
While investors take investment decisions, they expect high returns at minimum risk, and they also do not want to block their entire investment in a single security. So, they aim at creating optimal portfolios through diversification. The present study examined …
Keywords:
Beta, Cut-Off Rate, Diversification, Excess Return to Beta Ratio, Systematic Risk, Unsystematic Risk, Portfolio Optimization, Sharpe's Single Index Model G02, G11, G150