Weather Effect on Amsterdam Stock Exchange
This thesis tries to investigate the relationship between weather variables in the Netherlands and stock returns of AEX-Index from 1983-2012. Deseasonalizing of weather variables is conducted in order to reduce the tendency of seasonality effect. In general, it can be concluded that there is no exis...
| Main Authors: | , |
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| Format: | Thesis |
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[Yogyakarta] : Universitas Gadjah Mada
2014
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| _version_ | 1826048129047199744 |
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| author | , ERLIN PARAMITA , Jan Lemmen |
| author_facet | , ERLIN PARAMITA , Jan Lemmen |
| author_sort | , ERLIN PARAMITA |
| collection | UGM |
| description | This thesis tries to investigate the relationship between weather variables in the Netherlands and stock
returns of AEX-Index from 1983-2012. Deseasonalizing of weather variables is conducted in order to reduce
the tendency of seasonality effect. In general, it can be concluded that there is no existing relationship
between cloud cover, humidity, precipitation, temperature, and wind on stock returns. However, additional
research found significant effects: humidity on retailer REITs, cloud cover and humidity on soft drink and
fixed line telecommunications sector, wind on food retailers and wholesalers sector, and precipitation and
temperature on oil equipment and services sector. Further research can use intraday return that will cover
the effect of weather changes in more detail. Also by considering the location of the investors who do the
trading, it might give more precise result.
Key words: Mood, Weather, Stock returns, Amsterdam stock exchange |
| first_indexed | 2024-03-13T23:23:06Z |
| format | Thesis |
| id | oai:generic.eprints.org:128953 |
| institution | Universiti Gadjah Mada |
| last_indexed | 2024-03-13T23:23:06Z |
| publishDate | 2014 |
| publisher | [Yogyakarta] : Universitas Gadjah Mada |
| record_format | dspace |
| spelling | oai:generic.eprints.org:1289532016-03-04T07:55:36Z https://repository.ugm.ac.id/128953/ Weather Effect on Amsterdam Stock Exchange , ERLIN PARAMITA , Jan Lemmen ETD This thesis tries to investigate the relationship between weather variables in the Netherlands and stock returns of AEX-Index from 1983-2012. Deseasonalizing of weather variables is conducted in order to reduce the tendency of seasonality effect. In general, it can be concluded that there is no existing relationship between cloud cover, humidity, precipitation, temperature, and wind on stock returns. However, additional research found significant effects: humidity on retailer REITs, cloud cover and humidity on soft drink and fixed line telecommunications sector, wind on food retailers and wholesalers sector, and precipitation and temperature on oil equipment and services sector. Further research can use intraday return that will cover the effect of weather changes in more detail. Also by considering the location of the investors who do the trading, it might give more precise result. Key words: Mood, Weather, Stock returns, Amsterdam stock exchange [Yogyakarta] : Universitas Gadjah Mada 2014 Thesis NonPeerReviewed , ERLIN PARAMITA and , Jan Lemmen (2014) Weather Effect on Amsterdam Stock Exchange. UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=69328 |
| spellingShingle | ETD , ERLIN PARAMITA , Jan Lemmen Weather Effect on Amsterdam Stock Exchange |
| title | Weather Effect on Amsterdam Stock Exchange |
| title_full | Weather Effect on Amsterdam Stock Exchange |
| title_fullStr | Weather Effect on Amsterdam Stock Exchange |
| title_full_unstemmed | Weather Effect on Amsterdam Stock Exchange |
| title_short | Weather Effect on Amsterdam Stock Exchange |
| title_sort | weather effect on amsterdam stock exchange |
| topic | ETD |
| work_keys_str_mv | AT erlinparamita weathereffectonamsterdamstockexchange AT janlemmen weathereffectonamsterdamstockexchange |