Thursday, February 20, 2020

My Own Professional and Personal Success Essay Example | Topics and Well Written Essays - 500 words

My Own Professional and Personal Success - Essay Example My work as an accountant offers a lot of opportunities and brings a lot of challenges as well. I believe that success is invisible, it does not necessarily show but it is a feeling by the person involved. One may not be successful for the eyes of others but may feel that way personally.   Professionally, my job requires extensive effort to fight my way through better opportunities and more challenges. I consider meeting success beginning from the time I was able to accomplish my course at a satisfactory level and achieve my certificate for Certified Investments & Derivatives Auditor. My profession demands high-level capacity for different functions and requires superb output as well. It is already a feeling for me that I am on the right track in the road of success. The skills and knowledge that I gained from my past to present work experiences, aid in improving my full potential and journey towards continual improvement. Personally, my profession shaped me to become a person of integrity. Performing my duties with the utmost class and without any adversative effect on my job interest and to the company is already one big success for me. I believe that pursuit for success should not stop and the drive to achieve it continually should remain.

Tuesday, February 4, 2020

Evaluate returns predictability Coursework Example | Topics and Well Written Essays - 1500 words

Evaluate returns predictability - Coursework Example This paper has two sections; in the first section it discusses empirical evidence on the predictability of excess of returns by the technical analysis method, the second section is devoted to evaluating whether return predictability is a good test for market efficiency. Gustafsson (2012) conducted a research on how the stock market performed relatively to the predictions by the technical analysis method in the Swedish stock market. According to technical analysis assumed that successive returns were related. In other words, positive returns in a given time period would be followed by equally positive returns in the same period of the subsequent year. On the basis of the above assumption, Gustafsson (2012) wanted to test the hypothesis that successes in the stock market were independent. Among other tests, the research summarized results from various trading rules to test whether a technical analysis would have been used to accurately predict recurring price patterns and hence returns. The research found out that the comparison between 2001-12-28 and 2011-12-30, the average daily return was 0.0184% for the buy and hold strategy, with a standard deviation of 0.016 and the total number of trading days was 2517. With this statistic, the t-statistic for the buy and hold strategy was 0.58. This study made reached some interesting conclusions from the data. Interestingly, it found out that the introduction of RSI and the RSIstoch that indicates the directional strength of price changes had an impact on the return predictability. Further, the findings lend to the support of the assumption that technical analysis can be used to predict future price movements. This is because; average daily buy-day returns were significantly larger than average daily-sell returns. As such, it meant that the technical trading rules also had a