Returns on German Stocks 1954 to 2013
JOURNAL ARTICLE
Cite JOURNAL ARTICLE
Style
Format
Returns on German Stocks 1954 to 2013
Stehle, Richard | Schmidt, Martin H.
Credit and Capital Markets – Kredit und Kapital, Vol. 48 (2015), Iss. 3 : pp. 427–476
13 Citations (CrossRef)
Additional Information
Article Details
Author Details
Prof. Richard Stehle, Humboldt-Universität Berlin, School of Business and Economics. Mail address: Unter den Linden 6, 10099 Berlin
Dipl.-Kfm (FH) Martin H. Schmidt, Humboldt-Universität Berlin, School of Business and Economics. Mail address: Unter den Linden 6, 10099 Berlin
Cited By
-
The Alternative Three-Factor Model: Evidence from the German Stock Market
Kiesel,, Florian | Lübbering,, Andreas | Schiereck, DirkCredit and Capital Markets – Kredit und Kapital, Vol. 51 (2018), Iss. 3 P.389
https://doi.org/10.3790/ccm.51.3.389 [Citations: 0] -
Trading strategies based on past returns: evidence from Germany
Schmidt, Martin H.
Financial Markets and Portfolio Management, Vol. 31 (2017), Iss. 2 P.201
https://doi.org/10.1007/s11408-017-0288-x [Citations: 3] -
Does capital bear the burden of local corporate taxes? Evidence from Germany
Ardalan, Aria | Kessing, Sebastian G. | Qari, Salmai | Zoubek, MalteJournal of Government and Economics, Vol. 9 (2023), Iss. P.100067
https://doi.org/10.1016/j.jge.2023.100067 [Citations: 1] -
Trading Strategies Based on Past Returns Evidence from Germany
Schmidt, Martin H.
SSRN Electronic Journal, Vol. (2016), Iss.
https://doi.org/10.2139/ssrn.2721800 [Citations: 0] -
Inflation and Trading
Schnorpfeil, Philip | Weber, Michael | Hackethal, AndreasSSRN Electronic Journal, Vol. (2024), Iss.
https://doi.org/10.2139/ssrn.4838014 [Citations: 0] -
Inflation and Trading
Schnorpfeil, Philip | Weber, Michael | Hackethal, AndreasSSRN Electronic Journal, Vol. (2024), Iss.
https://doi.org/10.2139/ssrn.4833950 [Citations: 0] -
Fama/French Factors for Germany: Which Set is Best?
Brrckner, Roman | Lehmann, Patrick | Schmidt, Martin H. | Stehle, RichardSSRN Electronic Journal, Vol. (2014), Iss.
https://doi.org/10.2139/ssrn.2390063 [Citations: 11] -
Ownership Disclosure and Ownership Structure: Investors' Response to Lower Reporting Thresholds
Krrchert, Sarah
SSRN Electronic Journal , Vol. (2017), Iss.
https://doi.org/10.2139/ssrn.3020023 [Citations: 0] -
Enhancement of value investing strategies based on financial statement variables: the German evidence
Pätäri, Eero J. | Leivo, Timo H. | Hulkkonen, Janne | Honkapuro, J. V. SamuliReview of Quantitative Finance and Accounting, Vol. 51 (2018), Iss. 3 P.813
https://doi.org/10.1007/s11156-017-0689-y [Citations: 7] -
Inflation and Trading
Schnorpfeil, Philip | Weber, Michael | Hackethal, AndreasSSRN Electronic Journal, Vol. (2024), Iss.
https://doi.org/10.2139/ssrn.4822700 [Citations: 0] -
Another German Fama/French Factor Data Set
Brrckner, Roman | Lehmann, Patrick | Schmidt, Martin H. | Stehle, RichardSSRN Electronic Journal, Vol. (2015), Iss.
https://doi.org/10.2139/ssrn.2682617 [Citations: 10] -
Do Insiders and Their Imitators Trade Profitably? Index-Specific Evidence from Germany
King, Jessica | Schmidt, Martin H. | Stehle, RichardSSRN Electronic Journal, Vol. (2015), Iss.
https://doi.org/10.2139/ssrn.2620169 [Citations: 0] -
Besonderheiten bei der Bewertung von KMU
Besonderheiten bei der Bewertung von KMU
Ihlau, Susann | Duscha, Hendrik2019
https://doi.org/10.1007/978-3-658-18675-3_4 [Citations: 1]
Abstract
Existing time series of the returns on German stocks are either short or have weaknesses. We discuss the problems of creating such a time series and then report our monthly series based on all stocks in the top segment of the Frankfurt Stock Exchange. We compare our return series with the returns implied by major German stock market indices. In each of the four sub-periods we look at, which together cover the full 60 years, our time series is fully in line with at least one of the indices. In addition to looking at nominal rates of return we look at real returns and at excess returns with respect to the one-month money market interest rate. We show that the riskiness of a 20-year investment in German stocks, measured by the frequency of negative excess returns, has not increased but rather decreased since the middle of the 1960s.
Table of Contents
| Section Title | Page | Action | Price |
|---|---|---|---|
| Richard Stehle / Martin H. Schmidt: Returns on German Stocks 1954 to 2013 | 1 |