Predatory pricing

The only REIT (Real Estate Investment Trust) in the S&P 100 Index is a self-administered and self-managed largest mall landlord in the United States. Simon Property Group, Inc (NYSE: SPG) established in Indianapolis, Indiana, during 1993 when the shopping center division of Melvin Simon & Associates became a publicly-traded company that owns, develops, manages, leases and acquires primarily regional malls and community shopping centers. With a market cap of $60.8 billion, they are more than…

We want the neural network to predict the stock price at a future date using stock price, EMA, RSI and MACD data of today and the last few days. The neural network can be configured to have a specified number of hidden layers. In addition to hidden layers the neural network has an input layer and an output layer. In the input layer we give the input that is stock price, EMA, RSI and MACD data of today and the last few days. The hidden layer comes between the input layer and the output layer. At…

Managing Investment Growth In order to effectively grow an investment, it is important to analyze risk and diversify securities, to maximize a portfolio to match the goals of the investor. Through analyzing the different classes of risk, one can match investments to an investors risk tolerance and return requirements. While some investments may present greater risk they are countered by a higher rate of return and vice versa, less risk corresponds to a lower return. Moreover, investment risk…

Merton 's (1973) intertemporal capital asset pricing model (ICAPM) was developed to capture this multi-period aspect of financial market equilibrium. We still don 't know exactly how many factors there are, but the ICAPM at least gives us some guidance. Consumption-Oriented Capital Asset Pricing Model The consumption-based model of Breeden (1979) provides a logical extension of the previous work in asset pricing. Based on this "diminishing marginal utility of consumption," securities…

The most widely accepted conceptualization of the customer satisfaction concept is the Expectancy Confirmation Theory (alternatively ECT or expectation disconfirmation theory). The structure of this theory was developed in a series of two papers written by Richard L. Oliver in 1977 and 1980. Expectation confirmation theory is a cognitive theory which seeks to explain post purchase or post-adoption satisfaction as a function of expectations, perceived performance, and disconfirmation of beliefs.…

high sensitivities to liquidity exceeds that for stocks with low sensitivities in the year 1966 until 1999. According to Pastor, L. & Stambaugh, R. F., they are used stock return to measure the market-wide is a state variable important for asset pricing as…

The newsvendor problem is a mathematical model which is used to determine the optimal stock under uncertainty. In the following, the newsvendor context under cost minimization will be introduced. Let h be the unit holding cost respectively the unit overage cost (as we regard the pure cost context) and b the unit penalty of not serving demand (or unit backorder cost) respectively the unit underage cost. Then, the target inventory B is equal to the mean demand µ plus safety stock SS. The safety…

Introduction J&PInvestments is a newly formed portfolio management company. Our company held and managed a $1,000,000 portfolio, conducting 19 trades from September 27th, 2016 to November 15th, 2016. At the end of the trading period, the total return on our portfolio was 0.01%, our holdings as of November 15th, 2016 can be viewed in Appendix A. The purpose of this exercise was to observe how stocks move. We have included justifications for the stocks we chose, an analysis of the portfolio’s…

Univariate Binomial Tree Cox, Ross and Rubinstein (1979) developed the binomial option pricing model which converges to the Black-Scholes formula in the continuous limit and demonstrates the advantage in valuing American-style options. The model approximates the behavior of an asset price by the upward and downward changes in the asset price over a particular interval of time. As shown in Figure 1, an asset with a current price of S follows a multiplicative binomial process in which the…

connected to ESG factor loading are quite interesting and could stimulate research over the risk-return characteristic of ESG companies. Moreover, the risk lowering capabilities of ESG practices should receive further attention from academics. The pricing anomaly connected to high ESG scoring firm should be covered from future studies. Given the changing economic and social landscape, the reasons behind higher financial performance for CSR practice needs to be updated. This could result from…