mispricing

"We saw the biggest mispricing of equities in stock market history," he said.

The absolute size of the mispricing declined as delivery approached.

Trade mispricing was found account for over 60% of illicit outflows.

In that mispricing is an opportunity for a smart hedge fund guy who sniffs it out.

In the short run, the mispricing might deepen.

A failure to value R. & D. correctly can lead to a major mispricing of a company's stock.

He examined whether a mispricing triggered index arbitrage transactions within a few minutes.

The mispricing of them was one of the main causes of this crisis.

The mispricing in dual-listed companies has not gone unnoticed in the financial industry.

The key, he said, is that any investor can correct short-term mispricing, not just favored clients or fund firm insiders.

In the securitization market, instruments became increasingly complex, leading to widespread misunderstanding and mispricing of risk.

A. We believe this is going to bring attention to the mispricing of Philip Morris's individual businesses.

Many previous studies have assumed that it is possible to establish an arbitrage position at the prices used to compute the mispricing.

They found the average proportionate mispricing was very significantly larger in the stock exchange account which included the contract's delivery date, than otherwise.

And when particular funds alter their methods to remove this potential mispricing, you may want to favor them over funds that don't.

The results were not clear-cut, but generally supported the view that index arbitrage reduces the size of the mispricing within about 15 minutes.

This is consistent with the earlier conclusion by Furbush (1989) that arbitrage reduces the mispricing in 15 minutes.

The long and short positions in this arbitrage process were reversed when the initial mispricing was an underpriced middle contract.

The apparent mispricing created a low-risk arbitrage opportunity.

A short seller may be trying to benefit from market inefficiencies arising from the mispricing of certain products.

But the source of America's persistent financial aches and pains is something more basic: the preceding mispricing of capital.

Furbush (1989) also studied the extent to which arbitrage activity reduces the size of the initial mispricing.

Dividends were estimated using last year's dividend plus 0% or 20%, and the resulting error in the proportionate mispricing was usually under 0.1%.

If a mispricing remained after allowing for one of three different levels of transactions costs, this constituted a signal to engage in arbitrage.

The largest mispricing of 1.3% was barely sufficient to cover transactions costs, and so they concluded that the no-arbitrage condition was not violated.