Beruflich Dokumente
Kultur Dokumente
Ticker
Date
People
Affected
eBay
EBAY
2014-05-21
145,000,000
Heartland
HPY
2009-01-20
130,000,000
Target
TGT
2013-12-13
110,000,000
Sony
SNE
2011-04-20
102,000,00
JP Morgan Chase
JPM
2014-10-02
83,000,000
Anthem
ANTM
2015-02-04
80,000,000
Epsilon
ADS
2011-04-01
60,000,000
Home Depot
HD
2014-09-02
56,000,000
TJ Maxx
TJX
2007-02-21
46,000,000
Adobe
ADBE
2013-10-03
38,000,000
Risk Models
The Market-Adjusted Model uses abnormal
returns defined in excess of the CRSP
Value-weighted market return (assumes
market beta of 1 or E(R)=RM(t)).
Risk Models
The Market Model uses abnormal returns
defined according to the Capital Asset
Pricing Model (CAPM):
Risk Models
Fama-French Three-Factor Model uses
abnormal returns defined with respect to
Fama-French 3-factor model:
Risk Models
Fama-French Plus Momentum model uses
abnormal returns defined with respect to
Carhart (1997) model:
Daily abnormal
returns for each
security during its
event window
Abnormal
Buy-Hold
Abnormal Returns
(BHAR)
Company Abnormal
Returns
Event
Date
Summary Statistics
Graphical
Output