東華大學圖書館 |

語系: 繁體中文

說明(常見問題)

回圖書館首頁

手機版館藏查詢

登入

回首頁

切換: 標籤 | MARC模式 | ISBD

What Is the Best Way to Invest in Pu...

Moreira, Alexandre.

FindBook

Google Book

Amazon

博客來

What Is the Best Way to Invest in Public FinTech Companies?

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	What Is the Best Way to Invest in Public FinTech Companies?/
作者:	Moreira, Alexandre.
出版者:	Ann Arbor : ProQuest Dissertations & Theses, : 2022,
面頁冊數:	49 p.
附註:	Source: Masters Abstracts International, Volume: 85-09.
Contained By:	Masters Abstracts International85-09.
標題:	Innovations. -
電子資源:	https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=30857954
ISBN:	9798381896442

What Is the Best Way to Invest in Public FinTech Companies?
Moreira, Alexandre.

What Is the Best Way to Invest in Public FinTech Companies? - Ann Arbor : ProQuest Dissertations & Theses, 2022 - 49 p.

Source: Masters Abstracts International, Volume: 85-09.

Thesis (M.S.)--Universidade Catolica Portuguesa (Portugal), 2022.

The FinTech industry is becoming more attractive and is seen as a rising sector. Data shows that, in 2021, private investment vehicles, such as private equity firms, are investing more than ever in FinTech companies.The objective of this research is to determine if it is profitable to invest in FinTech stocks, and what the best strategy. Research demonstrates the profitability of different investment strategies across different markets and sectors, and yet there is no evidence and no studies applied to publicly traded FinTech companies.Based on the review of the literature on portfolio theory and market anomalies, the investment strategies chosen were value, momentum, and Combo. A small number of companies were studied and a small time period was analysed, which was due to data unviability. The investment strategies were applied, and the results were separated into two different time frames to isolate the impact of pandemic. A transaction cost analysis was done to access the portfolios' persistence and the bootstrap method was applied to the mean excess return with the purpose of having more robust conclusions.The results indicate that, for the pre-pandemic period, investing in FinTech stocks using the momentum strategy is profitable. This strategy is even able to beat the market, producing a Sharpe ratio of 1.69. For the post-pandemic period, all the strategies employed turned out to be unprofitable and their results were quite inferior to the market.

ISBN: 9798381896442Subjects--Topical Terms:

754112
Innovations.

What Is the Best Way to Invest in Public FinTech Companies?
LDR:04098nmm a2200361 4500 001 2400633
005 20240930105249.5
006 m o d
007 cr#unu||||||||
008 251215s2022 ||||||||||||||||| ||eng d
020 $a 9798381896442
035 $a (MiAaPQ)AAI30857954
035 $a (MiAaPQ)Portugal104001440979
035 $a AAI30857954
040 $a MiAaPQ $c MiAaPQ
100 1 $a Moreira, Alexandre. $3 3770686
245 1 0 $a What Is the Best Way to Invest in Public FinTech Companies?
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 2022
300 $a 49 p.
500 $a Source: Masters Abstracts International, Volume: 85-09.
500 $a Advisor: de Andrade, Joao Freire.
502 $a Thesis (M.S.)--Universidade Catolica Portuguesa (Portugal), 2022.
520 $a The FinTech industry is becoming more attractive and is seen as a rising sector. Data shows that, in 2021, private investment vehicles, such as private equity firms, are investing more than ever in FinTech companies.The objective of this research is to determine if it is profitable to invest in FinTech stocks, and what the best strategy. Research demonstrates the profitability of different investment strategies across different markets and sectors, and yet there is no evidence and no studies applied to publicly traded FinTech companies.Based on the review of the literature on portfolio theory and market anomalies, the investment strategies chosen were value, momentum, and Combo. A small number of companies were studied and a small time period was analysed, which was due to data unviability. The investment strategies were applied, and the results were separated into two different time frames to isolate the impact of pandemic. A transaction cost analysis was done to access the portfolios' persistence and the bootstrap method was applied to the mean excess return with the purpose of having more robust conclusions.The results indicate that, for the pre-pandemic period, investing in FinTech stocks using the momentum strategy is profitable. This strategy is even able to beat the market, producing a Sharpe ratio of 1.69. For the post-pandemic period, all the strategies employed turned out to be unprofitable and their results were quite inferior to the market.
520 $a A industria FinTech esta em crescimento e e cada vez mais atrativa. Dados comprovam que, em 2021, veiculos de investimento privado, como empresas de "private equity" , estao a investir mais que nunca em empresas desta industria.Esta tese tem como objetivo determinar se e rentavel investir em acoes de empresas FinTech e qual e a melhor estrategia para o fazer. Existem varios estudos sobre a rentabilidade de diferentes estrategias de investimento aplicadas a inumeros setores e mercados financeiros, contudo nao ha qualquer analise nem resultados sobre estas estrategias aplicadas a acoes de empresas FinTech.Tendo como base a revisao de literatura sobre portefolios e anomalias de mercado, as estrategias de investimento escolhidas foram "value", "momentum" e Combo.Devido a falta de dados, foi analisado um numero reduzido de empresas e durante um curto espaco temporal.As estrategias de investimento foram aplicadas e os resultados foram analisados em dois periodos diferentes, com o proposito de isolar o impacto da pandemia. Para examinar a persistencia dos portefolios, uma analise de custos de transacao foi elaborada. De forma a ter resultados mais robustos, o metodo "Bootstrap" foi usado para o retorno medio em excesso. Os resultados indicam que, no periodo pre-pandemico, o investimento em acoes FinTech usando a estrategia de "momentum" e rentavel e acima do mercado, tendo esta estrategia um indice de Sharpe de 1.69. Para o periodo que inclui a pandemia, nenhuma das estrategias usadas e rentavel e todas tem uma performance bastante abaixo do mercado.
590 $a School code: 7020.
650 4 $a Innovations. $3 754112
650 4 $a COVID-19. $3 3554449
650 4 $a Finance. $3 542899
650 4 $a Information technology. $3 532993
690 $a 0800
690 $a 0770
690 $a 0508
690 $a 0489
710 2 $a Universidade Catolica Portuguesa (Portugal). $3 3705357
773 0 $t Masters Abstracts International $g 85-09.
790 $a 7020
791 $a M.S.
792 $a 2022
793 $a English
856 4 0 $u https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=30857954