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1416 3
2015-12-21
打算明年写数学硕士论文。看到平时兼职的公司有提供 master thesis。
To write your master thesis in cooperation with Solactive about Buyback Investment Strategies – effects on prices and ratings. Stock buyback strategies have drawn a lot of attention in recent months, by the launch of a couple of successful exchange traded funds. Stock buybacks represent a way of returning money to the stockholder by distributing cash to existing shareholders in exchange for a fraction of the company’s outstanding equity. On the fixed income side the buyback method works similarly, but instead of buying back own stocks, the company buys back its own debt, mostly on the secondary market before the redemption payment is due. Buyback on both asset classes can highlight a company’s health. The master thesis can focus on empirically analyzing the outperformance of such strategies compared to their respective benchmarks, can show the effect that such buybacks can have on stock and bond price movements as well as analyze the behavior of ratings after a buyback takes place. We are open to discuss the exact structure and topic focus at the beginning. Solactive as the cooperation partner will offer its expertise in index engineering and capital markets as well as access to its data sources. The research will be financially compensated.
本人对这方面不是很熟悉,一般有哪些比较成熟的回购策略模型。这方面,对日后就业方向有好处么? 希望前辈指点。
多谢。
祝好。
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2015-12-27 13:48:25
目前作为单因子在测,关注
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2015-12-29 18:34:19
tony2040044 发表于 2015-12-27 13:48
目前作为单因子在测,关注
请问您在做相关的研究么? 有哪些模型可以作为切入点。
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2016-1-4 13:05:17
kennycham 发表于 2015-12-29 18:34
请问您在做相关的研究么? 有哪些模型可以作为切入点。
关于回购率,是做简单的单因子模型,进行回测,全球各个主要国家股市都测了。

并不是像做学术那样去深入研究背后的经济学/行为理论
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