Predictability of finnish and Swedish stock returns

@inproceedings{stermark1989PredictabilityOF,
  title={Predictability of finnish and Swedish stock returns},
  author={Ralf {\"O}stermark},
  year={1989}
}
In the paper an in-depth analysis of individual stock returns on the Helsinki Stock Exchange (Finland) and the Stockholm Stock Exchange (Sweden) is carried out using univariate time series methodology. The need for such a research effort is clearly indicated by the results obtained previously. The models are derived by a Cartesian ARIMA Search Algorithm (CARIMA), developed by Ostermark and Hoglund. In the study we demonstrate that the majority of stock prices in both markets are predictable… CONTINUE READING