The study intends to examine the degree of market efficiency on the Swedish biometrics market. By carrying out an event study based on a typical selection of press releases, it has been proven that the Swedish biometrics market follows a semi-strong form of efficiency. As a subsequent factor that the market is semi-strong efficient, it is impossible to generate abnormal returns by technical and fundamental analysis. It has also been proven that information does not leak out to the public before the news is released publicly. Finally, it should be noted that the Swedish biometrics market is not a stock market built on cheating.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:kau-38932 |
| Date | January 2015 |
| Creators | Cehlin, Marcus |
| Publisher | Karlstads universitet, Handelshögskolan |
| Source Sets | DiVA Archive at Upsalla University |
| Language | Swedish |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
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