Are high price stocks are less liquid than low price stocks
Topic:
Use a sample of at least 100 firms to analyse whether high price stocks are less liquid than low price stocks.
Instructions:
Create a presentation and slide deck.
� 7 slides max (First slide cover slide, name and title)
� 2 Tables, 2 Figures based on collected data, no copy and paste Tables or Figures
� Maximum number of words: 150
� Show that you can work with data, produce high-quality graphs and tables and perform a deep analysis.
� Do not copy and paste Tables or Figures from other sources.
Indicative Marking Guide (equal weights, 5 marks each)
- Topic clear, story (�narrative�) clear
- Main result/ message/ take away clear (Do you have a clear result, a clear take-away message?)
- Slides look professional, are polished and high-quality; Tables and graphs are high quality and clear; if tables and graphs are copy and pasted from other sources = 0 marks
- Data/ sample rich (i.e. student analysed a lot of data - one time-series (e.g. 500 observations) -> not rich, 500 time-series (e.g. 500 x 500 observations = 250,000) -> rich)
- Deep analysis: analysis of topic and data sound, clear and deep
- Bonus: creativity, i.e. student shows creativity in analysing data, presenting data and results, interpreting results etc.
Prepare for a 5-min presentation if randomly selected.
�Note: A very poor presentation is not a good signal and may suggest that you do not fully understand the topic and your analysis.
Topics (select one)
(Cryptocurrencies)
- Are stablecoins a safe haven? Use the time-series of daily market capitalizations of at least 10 stablecoins.
- Are stablecoins used for capital flight from China to other countries/ currencies? Use the time-series of daily market capitalizations of at least 10 stablecoins.
- Is Bitcoin the new gold? Use daily or high-frequency data to analyse this question.
(Central banks and Quantitative Easing)
- Do central banks inflate asset prices? Are earnings and share prices aligned? Use at least 100 firms for your analysis.
- Fed hires BlackRock. Analyze whether investors could make money by following Fed/ BlackRock�s actions. [Note: your analysis must go well beyond the WSJ article.]
https://www.federalreserve.gov/newsevents/pressreleases/monetary20200323b.htm
https://www.wsj.com/articles/fed-hires-blackrock-to-help-calm-markets-its-etf-business-wins-big-11600450267?st=eny4v3brzmf9w2z
(Other)
- Use high-frequency data to analyse the gold spot � gold futures spread in 2020.
- Use a sample of at least 100 firms to analyse whether high price stocks are less liquid than low price stocks.
- Analyse the Bloomberg billionaire price index and identify risk factors that influence it. Obtain the time-series from Bloomberg/ Datastream or other sources.