O presente trabalho estuda o efeito Smart Money, inicialmente identificado por GRUBER (1996) e ZHENG (1999), na indústria de fundos brasileira no período de 2001 a 2005. Buscou-se identificar se os fundos que apresentaram ...

Investment options have been increasing over time, and the practice of investing has become increasingly difficult for investors. The study proposes to demonstrate the best investments for 2019 according to each profile, ...

Individuals who invest in Brazil have the possibility to opt for several banking products destined to raise funds in financial institutions. The process of analysis and recognition of the main characteristics of investors ...

It is found that the literature on balance sheet analysis and capital market is vast. However, the study of the relationship between these two ways of valuing companies is underexplored. In this context, this work aims to ...

When the Ministry of Mines and Energy implemented and coordinated after 1996 the project to restructure the Brazilian electricity sector, where a decentralized electricity sector was created and made possible the start of ...

The stochastic volatility model (SVPS) proposed by Fouque et al. (2000a) explores a rapid timescale fluctuation of the volatility process to end up with a parsimonious way of capturing the volatility smile implied by close ...