Matches in SemOpenAlex for { <https://semopenalex.org/work/W115150985> ?p ?o ?g. }
Showing items 1 to 61 of
61
with 100 items per page.
- W115150985 abstract "Emerging markets characterized by dynamically changing and fast growing sectors make the already immature capital markets, less efficient. Free float marketcap based index construction has its bases strongly grounded on Efficient Market Hypothesis (EMH) and CAPM. Hence index constructed using free float marketcap weights will be systematically biased due to undervalued/overvalued stocks in an inefficient market. The efficiency of such a sector index to capture the trends of specific sector stocks in the long run in India is examined. Johansen’s Cointegration and Granger Causality test has been carried out on a 10 year (January 2001 to December 2010) daily closing price data, of stocks belonging to four different sectors. Indian market does not have an alternative index while most developed and some developing economics have multiple indices constructed using alternative methods. The efficiency of indices, constructed using alternative methods, in capturing the economic trend of the sectors is evaluated. It is found that the free float marketcap based sector index does not effectively capture the economic trend of all the sectors. Hence a uniform method of index construction for all the sectors do not seem appropriate as efficiency of index constructed using different methods vary with sectors." @default.
- W115150985 created "2016-06-24" @default.
- W115150985 creator A5027486356 @default.
- W115150985 creator A5048562634 @default.
- W115150985 date "2012-01-01" @default.
- W115150985 modified "2023-09-23" @default.
- W115150985 title "Sector Index: Do They Tell the Right Story?" @default.
- W115150985 cites W1545784253 @default.
- W115150985 cites W1967555280 @default.
- W115150985 cites W1969645323 @default.
- W115150985 cites W1985852745 @default.
- W115150985 cites W1996231321 @default.
- W115150985 cites W2015800048 @default.
- W115150985 cites W2016982273 @default.
- W115150985 cites W2031732711 @default.
- W115150985 cites W2061160212 @default.
- W115150985 cites W2064420728 @default.
- W115150985 cites W2078266326 @default.
- W115150985 cites W2097580026 @default.
- W115150985 cites W2099074321 @default.
- W115150985 cites W2106972544 @default.
- W115150985 cites W2110603299 @default.
- W115150985 cites W2111741025 @default.
- W115150985 cites W2117922789 @default.
- W115150985 cites W2118775685 @default.
- W115150985 cites W2144380346 @default.
- W115150985 cites W2178225550 @default.
- W115150985 cites W2181847669 @default.
- W115150985 cites W2213544778 @default.
- W115150985 cites W63043754 @default.
- W115150985 doi "https://doi.org/10.2139/ssrn.2255392" @default.
- W115150985 hasPublicationYear "2012" @default.
- W115150985 type Work @default.
- W115150985 sameAs 115150985 @default.
- W115150985 citedByCount "0" @default.
- W115150985 crossrefType "journal-article" @default.
- W115150985 hasAuthorship W115150985A5027486356 @default.
- W115150985 hasAuthorship W115150985A5048562634 @default.
- W115150985 hasConcept C136764020 @default.
- W115150985 hasConcept C2777382242 @default.
- W115150985 hasConcept C41008148 @default.
- W115150985 hasConceptScore W115150985C136764020 @default.
- W115150985 hasConceptScore W115150985C2777382242 @default.
- W115150985 hasConceptScore W115150985C41008148 @default.
- W115150985 hasLocation W1151509851 @default.
- W115150985 hasOpenAccess W115150985 @default.
- W115150985 hasPrimaryLocation W1151509851 @default.
- W115150985 hasRelatedWork W2326815616 @default.
- W115150985 hasRelatedWork W2393932274 @default.
- W115150985 hasRelatedWork W2772934883 @default.
- W115150985 hasRelatedWork W2936184523 @default.
- W115150985 hasRelatedWork W2979227136 @default.
- W115150985 hasRelatedWork W4237970082 @default.
- W115150985 hasRelatedWork W4242929048 @default.
- W115150985 hasRelatedWork W4244035922 @default.
- W115150985 hasRelatedWork W4245751933 @default.
- W115150985 hasRelatedWork W924776604 @default.
- W115150985 isParatext "false" @default.
- W115150985 isRetracted "false" @default.
- W115150985 magId "115150985" @default.
- W115150985 workType "article" @default.