Explaining superior returns in alternative energy investments using market-to-reinvestment ratio in an augmented fama-French model.

• Main Authors: Sim, Sze Xiong., Teo, Cheng Wei., Yeo, Alvin Yong Cheng.
• Other Authors: Leon Chuen Hwa
• Format: Final Year Project
• Language: English
• Published: 2011
• Subjects: DRNTU::Business::Finance::Investments
• Online Access: http://hdl.handle.net/10356/44177
• Institution: Nanyang Technological University

Investments in alternative energy stocks have gained momentum in recent years given the greater public awareness of climate change brought on by increasing energy generation and depletion of fossil fuel resources. Our study finds that alternative energy investments result in significant superior ret...