haku: @author Arbel, A. / yhteensä: 13
viite: 5 / 13
| Tekijä: | Arbel, A. Carvell, S. Postnieks, E. |
| Otsikko: | The smart crash of October 19th. |
| Lehti: | Harvard Business Review
1988 : MAY-JUN, VOL. 66:3, p. 124-136 |
| Asiasana: | STOCK MARKETS SHARE PRICES |
| Kieli: | eng |
| Tiivistelmä: | The stock market crash of October 19, 1987 is discussed. It is found not to be a panic, but as the restoration of sobriety and rationality. Stock market theories are tested about investor behavior, market pricing mechanisms, valuation, risk, rational markets, and fluctuations. Price behavior is analyzed before and during the crash. The role of industry groups is examined. Ways of corporate restructuring are discussed. Industry performance is analyzed by price changes. The role of risk is highlighted. The 1929 and the 1987 market crashes are compared. Program trading is examined. Possibilities of predicting the crash are discussed. The Graham formula is used for stock value analysis. |
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