Change search
ReferencesLink to record
Permanent link

Direct link
The number of Shareholders: Time series modelling and some empirical results
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Economics.
2013 (English)Report (Other academic)
Abstract [en]

The paper discusses some model related issues for time series of the number of shareholders in a stock. The point of departure is an integer-valued autoregressive model of order one. Empirical results are presented for some frequently traded stocks on the Finnish and Swedish stock markets. In these stock markets public records of the number of owners are reported monthly (Finland) and quarterly (Sweden, and initially at biannual) intervals. The aggregate records are useful for, e.g., indirectly estimating average holding times, which are found to vary but to mostly exceed one year.

Place, publisher, year, edition, pages
Umeå: Umeå universitet , 2013. , 11 p.
Umeå economic studies, ISSN 0348-1018 ; 855
Keyword [en]
integer-valued, autoregression, nonlinear, holding time, stock, share
National Category
Research subject
URN: urn:nbn:se:umu:diva-65601OAI: diva2:604263
Available from: 2013-02-08 Created: 2013-02-08 Last updated: 2015-05-13Bibliographically approved

Open Access in DiVA

fulltext(178 kB)47 downloads
File information
File name FULLTEXT01.pdfFile size 178 kBChecksum SHA-512
Type fulltextMimetype application/pdf

Other links


Search in DiVA

By author/editor
Brännäs, Kurt
By organisation

Search outside of DiVA

GoogleGoogle Scholar
Total: 47 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 115 hits
ReferencesLink to record
Permanent link

Direct link