Questions tagged [stock-market]

Markets in which ownership stakes of firms (e.g. stocks/shares) can be traded.

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1answer
408 views

Securities traded in different currency

Excuse me if this is not the site to ask this question but I read in meta that you have a accounting tag so here we go. If I made a buy of an ETF in two different exchanges with different currencies ...
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1answer
74 views

Can Apple use its off-shore cash to do Apple stock buy-backs tax free?

It is well established that Apple holds $181B in cash overseas. This appears to be to avoid US Taxes. Apple has been doing significant stock buy-backs. My question is: Can Apple use its off-shore ...
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What would happen if a company bought back of all of its stock? Would it own 100% of itself?

Companies occasionally own some of their own stock. A company owning its own stock is actually pretty weird when you think about it. If I own 1% of a business's stock (and therefore own 1% of the ...
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1answer
50 views

The appeal of low-dividend stocks when trading with government debt

Background: In the 1710s, the British government borrowed heavily to finance wars. To reduce the interest on this debt, the government converted this debt into stock from a private company. The ...
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0answers
74 views

If the company were to buy back all their shares, does that mean the company would own itself? [closed]

If a publicly traded company buys back all it's shares from the public, majority holder and every last person that owns it's shares who would own the company? Obviously, it wouldn't be a normal ...
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5answers
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Does the Federal Reserve buy and sell stocks?

Can the Fed buy and sell stock in publicly traded companies? Is there evidence of this and, wouldn't this behavior drive the price as opposed to actual market forces?
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1answer
567 views

Where to get historical intraday trading data from?

I have started to learn about trading and would like to play around with historical data. I therefor need a dataset, that provides intraday values, not only opening, high and low prices for a specific ...
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1answer
107 views

Statistical tests/models to use for Macroeconomic and Financial Research

I am a student, new to research and have chosen a challenging field to perform my research in. While I have been reading about similar research's, as part of my literature review, I observed various ...
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56 views

Absolute Value of Log in stocks returns

Well, i'm interested in model a GARCH for a serie. The original serie is $y_t$ (price index of a Stock Market), which has a unit root. So i create the returns: $x_t = ln(y_t) - ln(y_{t-1})$. Now, i'm ...
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1answer
521 views

What does “(Earnings Per Share) sen” mean in a shareholders' context?

What does "SEN" / "sen" (possibly an abbreviation?) mean in a shareholders' context? In particular, I am wondering how to interpret "sen" in the following context: "Earnings Per Share (sen)" This ...
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0answers
48 views

Calculating Annualized Average Return

I am currently working on a problem set in a book that asks me to compute the annualized average return for a portfolio, benchmark, and then the relative return from the annual returns reported. I ...
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2answers
373 views

Are there any major commodity markets with a public order book?

Most major exchanges seem to have secret order books. For example, on the NYSE only the specialists know the order books. On the NASDAQ only the market maker can see the order book. On Globex, the ...
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1answer
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What's wrong with have a 'one second tick' on stock market trades, to prevent high frequency trading? [duplicate]

Part of how high frequency trading works, is by taking advantage of millisecond advantages over other traders in communicating with the stock exchange. To gain these advantages, high frequency ...
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0answers
57 views

World company database?

I need to find the list of companies with their respective market caps and their sectors of activities. For now I have found these two links: • https://goo.gl/E8WJzu • http://goo.gl/vuHDuF But I ...
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2answers
47 views

We see stocks outperforming things like bonds in the long run (past 100 years), but could this be an artifact of that particular 100 year timeline?

When looking at historical return patterns for investments, one can clearly see the stellar performance of equities over the long haul. That being said, we know that we can center in on certain 20-25 ...
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1answer
54 views

Who paid the difference on a warrant if i am winnnig

I am discovering the mechanism of a warrant but there is still something that i can't understand. Let's take a simple example a call warrant with a strike of \$10. I buy it when the underlying ...
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2answers
525 views

Is trading in the commodity futures much more riskier than trading in stock market futures?

My understanding is that the price of a stock at the stock exchange is determined by supply demand mechanics during trading hours, and the price of futures is determined by the price of the underlying ...
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3answers
307 views

How can the share price of a company be less than its (theoretical) liquidation value?

A recent article from Bloomberg states that Deutsche Bank's share price is less than half its theoretical liquidation value. According to Investopedia, liquidation value is defined as: The total ...
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0answers
28 views

Have there been any structural changes in the market that would lead the indexes to be trading so high?

If you look at this graph of the SnP500: You will see that it is trading at levels higher than pre 08 or 99. What systemic structural changes in the market have led it to be trading so high? I think ...
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2answers
534 views

Monetary Base vs. Stock price

link: https://research.stlouisfed.org/fred2/graph/?g=3big I have watched this video where he explain this chart. Basically he shows high correlation between Monetary Base and the Stock Market. But I ...
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1answer
27 views

Changes to lookup code/symbols on the NASDAQ?

I'm not entirely sure if I've asked the right question, but does anyone know why certain symbols (I assume they are the symbols) change on NASDAQ? In particular I'm wanting to keep a track of the ...
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2answers
11k views

What is the difference between shareholder's equity, equity, and book value?

I have been doing some reading and I have found that shareholder's equity is equal to the company's total assets minus its total liabilities. Equity is apparently defined in much the same way. Book ...
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6answers
491 views

Why do falling oil prices take stocks with it?

The price of oil fell again today and is now below $30/barrel for the first time in 12 years. Along with the fall came most of the US stock markets. If I didn't know any other information except for "...
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1answer
625 views

Demand Curves for Stocks

i am currently working on a paper on demand curves for stocks and have some questions. I've read that many models (CAPM, APT, Modigliani-Miller theorem) assume demand curves for stocks to be flat. Can ...
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2answers
87 views

Should I cheer for the bear or bull?

In Australia, ~10% of our salary goes into a compulsory retirement savings scheme. I have chosen the default option for young people, which involves a relatively balanced split between stocks, ...
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2answers
116 views

Why do banks and stock exchanges close/have fixed hours?

Banks and stock exchanges all around the world seem to adhere to quite a strict regime of 9-5, Monday - Friday, in the countries local time. This can have the effect of where an event that happens ...
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3answers
118 views

Why does the stock price of listed firm matter for that firm?

As the title hints, why would the stock price matter for a firm? Which are -in rough terms- the channels that a firm's stock price influence it?
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1answer
211 views

Bond market vs stock market during crisis

Why does bond market not change as much as the stock market during financial crisis? On the picture we see the development of the two markets
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2answers
235 views

UK stock historical data

Where can I find UK stock data over the last 70-80 years? Preferably adjusted to to the inflation.
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4answers
872 views

Intrinsic value of non-voting shares which don't pay dividends

What is the intrinsic value of a company's non-voting stock shares which don't pay dividends? My understanding is stock ownership has value in the form of controlling the company or receiving a ...
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1answer
252 views

Why do stock exchanges not operate at a fixed frequency?

Would this not be more fair towards traders who don't trade at high frequency? And would it not be possible to distribute this fixed frequency to other exchanges, modulo relativity? The reason I'm ...
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1answer
200 views

Historical returns for popular American funds over 20-30 years?

I have seen charts like this one showing the return for the past 100+ years cited as evidence why one should invest in stocks for their retirement. I don't disagree with that, but realistically, ...
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0answers
58 views

Exponential Moving Average smoothing factor

I learn best my reading about a concept and then trying to implement it using math and a programming language. Right now, I'm trying to implement an Exponential Moving Average indicator, but I'm ...
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1answer
220 views

Stock pricing with cross ownership

Cross-ownership is a phenomenon where companies own parts of other companies they do business with. An example: Two companies are now involved in the diamond operation, the mining group Anglo-...
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0answers
55 views

Invest in stock market around the world [closed]

Hi i like to invest in the stock market around the world does it require to have a citizenship in that country is there any specific amount to invest in it with a deadlock period how can i track my ...
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2answers
67 views

The notion of price

Typically in market clearing, the supply and demand (ask and bid) curves meet at a certain point, and the projection of these curves creates a quantity and price. Does this price have a deeper meaning ...
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2answers
2k views

What would happen if stock markets were open 24 hours?

Suppose you are a broker or a trader, and the stock markets will be open 24 hours a day. What would be the implication for you as a broker in this scenario? I mean: How will your strategies change? ...
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2answers
2k views

What is the real reason for china's stock market crash (August 2015)?

I have read douzons of explanations and they all basically claim the following: China's stock market continued to boom despite the country's increasingly gloomy economic outlook, and this ...
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1answer
43 views

Market Value of a publicly traded company

I want to know the market value (market capitalization) of a company on a particular day in the recent past (within the past 5 years). How can I do this, may be with the help of Google Finance or ...
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3answers
2k views

Why was Modigliani-Miller so relevant and innovative when it came out?

The Modigliani-Miller theorem*, a foundation of modern corporate finance, basically states that, in a no-frictions world, two identical firms have the same enterprise value, regardless of their ...
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1answer
454 views

Newly issued shares are sold on the stock market?

When a company issues new shares in order to raise it's capital, can it sell those shares on the stock market? Or they have to be sold outside of the stock market? I mean in general, rules can differ ...
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1answer
190 views

Beginner level books on market economics

Which books can be recommended for a beginner with a strong math background, who wishes to learn how markets work, what is a stock, what is a bond, how to trade e.t.c. and has a minimal knowledge of ...
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2answers
110 views

Why US market is falling due to greece fear?

I'm kind of curious to learn why US markets are falling due to Greece - Eurozone crisis. US had almost no exposure to Greece bonds and the fear of Grexit and the future of Euro has made the investors ...
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2answers
158 views

Long-term interest rate and stock market correlation

What correlation is there between (1) long-term interest rates and (2) the stock market valuation? Please provide a simple intuitive explanation. For example, as I understand it from recent news ...
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2answers
571 views

Is money supply affected by the stock market?

Do stock prices have any effect on the money supply of an economy? Please provide a simple example if possible. Intuition suggests there is more money around when prices are high (consider for ...
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0answers
81 views

What topics are important to analyse a financial product? [closed]

When reading analysis papers of financial product, derivative or stock, tangible or not, I noticed that a lot of those papers seem to have similar structures. This got me to the question if there ...
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1answer
66 views

demand impact on shares price

Knowing that share prices are determined by the forces of supply and demand, other factors can also play a role in this but lets consider the fact that prices are only based on supply and demand.In ...
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0answers
56 views

How exactly do Participatory Notes induce volatility into the economy?

I was reading up on participatory notes. Wikipedia defines these as "instruments issued by registered foreign institutional investors (FII) to overseas investors, who wish to invest in the Indian ...
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4answers
3k views

Does each stock exchange only trade in one currency?

And if not, how are currency exchange rates accounted for?
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2answers
774 views

What is the relationship between S&P500 and the US dollar

In the recent past, both the S&P 500 and the USD (against other currencies) have appreciated a lot. From what I understand, if USD goes up against other companies, the major companies of the S&...