Concluding Remarks

Zusammenfassung

Throughout this thesis, I investigate different aspects of combining fundamental and technical information in trading strategies. I demonstrate the benefits of combining these two types of information in one trading strategy and analyze the market reactions that cause these benefits. I furthermore examine if professional investors pursue the strategies – separately or in combination – and whether they are more successful if they do so. In my analysis, I use past returns and operating cash flows as examples for technical and fundamental information.