Publicação
The dynamics of pairs trading: an in-depth analysis of Walmart and target
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | pt_PT |
| dc.contributor.advisor | Anjos, Fernando | |
| dc.contributor.author | Giesen, Ferdinand Harro | |
| dc.date.accessioned | 2024-12-06T16:21:30Z | |
| dc.date.available | 2024-12-06T16:21:30Z | |
| dc.date.issued | 2024-01-12 | |
| dc.date.submitted | 2024-01-12 | |
| dc.description.abstract | The aim of this paper is to examine the implementation of a pairs trading strategy for the two retail companies Walmart and Target. For this purpose, a company valuation using a DCF and Multiple Approach was performed, which shows a current overvaluation of Walmart and undervaluation of Target. The pair was subsequently checked for the application of a mean reversion strategy using correlation and cointegration analyses. With a developed trading strategy that would have provided a 100% return based on historical performance, it is recommended to open a short position in Walmart and a long position in Target. | pt_PT |
| dc.identifier.tid | 203681169 | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10362/176293 | |
| dc.language.iso | eng | pt_PT |
| dc.relation | UID/ECO/00124/2013 | pt_PT |
| dc.subject | Valuation | pt_PT |
| dc.subject | Trading | pt_PT |
| dc.subject | Financial markets | pt_PT |
| dc.subject | Retail | pt_PT |
| dc.title | The dynamics of pairs trading: an in-depth analysis of Walmart and target | pt_PT |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | masterThesis | pt_PT |
| thesis.degree.name | A Work Project, presented as part of the requirements for the Award of a Master’s degree in Finance from the Nova School of Business and Economics. | pt_PT |