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International postage and import charges paid to Pitney Bowes Inc.Most users should sign in with their email address. If you originally registered with a username please use that to sign in. To purchase short term access, please sign in to your Oxford Academic account above. Don't already have an Oxford Academic account. RegisterOxford University Press is a department of the University of Oxford. It furthers the University's objective of excellence in research, scholarship, and education by publishing worldwideSign In or Create an Account googletag.
Rapach Saint Louis University Send correspondence to Guofu Zhou, Olin School of Business, Washington University in St. Strauss Saint Louis University Oxford Academic Google Scholar Guofu Zhou Washington University in St. Published by Oxford University Press on behalf of The Society for Financial Studies. For Permissions, please email: journals. Download All Figures Sign in You could not be signed in.
Close Sign in via your Institution Sign in Purchase Subscription prices and ordering Short-term Access To purchase short term access, please sign in to your Oxford Academic account above. Product Market Competition Shocks, Firm Performance, and Forced CEO Turnover The Timimg amd Method of Paymemt im Mergers whem Acquirers Are Fimamcially Comstraimed Identifying Information Asymmetry in Securities Markets googletag. An index futures contract binds the parties to an agreed value for the underlying index at a specified future date.
Fair Value of an Index Future Although index futures are closely correlated to the underlying index, they are not identical. An investor in index futures does not receive (if long) or owe (if short) dividends on the stocks in the index, unlike an investor who buys or sells short the component stocks or an exchange-traded fund that tracks the index.
The index futures price must equal the underlying index value only at expiration. At any other time, the futures contract has a fair value relative to the index, which reflects the expected dividends forgone (a deduction from the index value) and the financing cost for the difference between the initial margin and the principal amount of the contract (an addition) between the trade date and expiration.
When interest rates are low, the dividend adjustment outweighs the financing cost, so fair value for index futures is typically lower than the index value. Whenever the index futures price moves away from fair value, it creates a trading opportunity called index arbitrage.
As soon as the index futures price premium, or discount to fair value, covers their transaction costs (clearing, settlement, commissions and expected market impact) plus a small profit margin, the computers jump in, either selling index futures and buying the underlying stocks if futures trade at a premium, or the reverse if futures trade at a discount.James Harden is playing MVP-caliber basketball right now by averaging 33.
The Jazz had a six-game winning streak come to an end at the hands of the Oklahoma City Thunder in a 100-94 loss on Tuesday. OVERs are the story when the Rockets and Jazz collide. In the last four meetings between the Western Conference foes, the OVER is 4-0. Oddsmakers at BetOnline opened the Utah Jazz as 3. OddsShark computer score prediction models pick a possible 106-103 win for the Rockets on Thursday.
View the computer score prediction and who will win the pick on the moneyline for all upcoming NBA matchups here. Houston Rockets vs Utah Jazz MatchupThe Utah Jazz sport a record of 13-12 and 15-10 ATS heading into this matchup, while the Houston Rockets sit at 18-4 and 13-9 ATS on the NBA season.
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Stay Informed: follow us on Twitter for odds specials, betting line moves and Utah vs Houston injuries news. The betting Power Rankings at OddsShark have the No.
When it comes to rebounds, the visiting Houston Rockets rank No. That compares with Utah's No. The story is different when it comes to three-point shooting where Utah is the NBA's No. Donovan Mitchell chucked in 31 points for Utah on Tuesday, but they still came up short in losing 100-94 at Chesapeake Energy Arena. SHARK BITESThe Jazz are 2-7 SU and ATS in their last nine games with one day off between games.
The Rockets are 10-4 ATS in their last 14 games. The Rockets are 5-0 SU and 4-1 ATS in their last five games with three days off between games. Statistical MatchupWhen it comes to rebounds, the visiting Houston Rockets rank No. Recent Outings Betting RecapThe Rockets blew out the Lakers on Sunday, running up the score in a 118-95 win at Staples Center. NBA Live In-Game Betting Report Injuries Are Mounting for Spurs, but Should Bettors Be Worried.
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Find daily sports betting tips in this section, produced by our knowledgeable and experienced experts.Use Your Bet365 Bet Credits On Whatever Sport You WishYou can use your credits on whatever sport or market you wish. Promo code: CTB200Bet Now Copyright CompareTheBets 2017.
Bet365 Radio streams the radio service provided by Media On Demand, a specialist in providing live audio commentary for a variety of sports. In partnership with Media On Demand Bet365 Radio is able to offer live commentary for horse racing, football, greyhound racing, cricket and a number of other sports. Additional channels are available for Premier League club news and football scores.
Bet365 is considered to be a leader in online betting. In the space of just two decades this company has evolved from a one man show to one of the giants of the online betting industry. The company is also one of only a handful of bookmakers to locate its headquarters within England. Bet365 offers a full suite of online betting products from sports betting to casino and poker.
It is famous for its superior coverage of sports betting markets, as well as its excellent in-play and live streaming service. Bet365 offers a host of other great features to registered users, including live streaming of football and racing on your mobile or desktop.
Bet365 Radio Betfair Radio Ladbrokes Radio Paddy Power Radio Stan James Radio William Hill Radio Bet365 Radio Betfair Radio Ladbrokes Radio Paddy Power Radio Stan James Radio William Hill Radio Bet365 Radio Bet365 Radio streams the radio service provided by Media On Demand, a specialist in providing live audio commentary for a variety of sports. More about Bet365 Bet365 is considered to be a leader in online betting.
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Online Betting Guide supports Responsible Gambling initiatives. Bet365 has been around for years and has become well-known for providing great services for punters looking to bet on sports or casino games. The company has come a long way and now turns out some of the best betting platforms and apps. It was super easy to install, open an account and find my favourite sporting events. The quality of the feed was great. It was easy to find the sporting event I was looking for.
And on top of all that, I could easily place a bet while watching the match live. Whether its UFC, NBA, Premier League betting, or even X Factor, Bet365 seems to have it all.For instance, if you're using a framework like Angular or React, there are tools available for specifically debugging those frameworks in the browser that can be quite helpful before moving over to a device.
Recently PhoneGap began supporting the browser platform as a target automatically to help you test with the deviceready event and Apache Cordova core plugins more easily in an environment you're already familiar with. In the previous step we created a project and ensured it was running by looking for the green play button to be highlighted and a green bar showing the server address it's running on at the bottom of the PhoneGap Desktop.
The screenshot is shown again below for reference. Locate the specific server address for your project before moving to the next step. Go to your mobile device where the PhoneGap Developer App is running, enter the server address on the main screen and tap Connect.Redboy apbt
You should see the connection occur followed by a success message as shown below. If you receive an error of any kind, ensure once again that you are connected to the same network on both your device and computer. You could also check the issue tracker and PhoneGap Google Groups list for further help. Once the PhoneGap Developer app connects, it will load and display your application as shown below:Now let's make an update to some code to see how easy it is to test a change. Using your favorite text editor, open up the index.
Let's start by changing the PHONEGAP text that's displayed in the app from PhoneGap to Hello PhoneGap. Save it when you're finished and move on to the next step. Now check your mobile device where the PhoneGap Developer app is running and you will see your application reload and automatically display the new text: At this point you should check out this guide explaining important details about the default Hello PhoneGap application and mobile application development tips with PhoneGap in general.
Find out how to install PhoneGap, then create and preview an app on your device almost as fast as a robot could do it. Preview in a Desktop Browser You can leverage your desktop browser to preview and test yours apps first to speed up your initial development process.
Refer to the PhoneGap Browser Support Reference guide for specific details. Double check to ensure you're running your device and computer on the same network before continuing. NOTE: Tap directly on the server address displayed in the terminal screen of the PhoneGap Developer app to change it to match yours. The value filled in by default is only a sample.
TIP: Gestures can be used while you're previewing your app. A 3 finger tap will return you to the main screen, a 4 finger tap will cause a refresh. TIP: Some popular lightweight but powerful editors include Brackets, Sublime Text and Atom. If you're looking for more of an IDE with extensive features and plugins including code hinting and type-ahead, check out WebStorm by JetBrainsLooking for more help. StackoverflowFor PhoneGap specific questions.
Get Started NowFind out how to install PhoneGap, then create and preview an app on your device almost as fast as a robot could do it. Read Our BlogHave you read our latest blog post yet.
Did you know prior to breaking his fibula in Week 16 last season, second-year quarterback Marcus Mariota had 26 touchdowns against only 9 interceptions. Did you know the Titans finished 3rd in rushing behind a rejuvenated DeMarco Murray and rookie Derrick Henry. Did you know tight end Delanie Walker and wide receiver Rishard Matthews combined for 16 touchdowns.
Did you know they signed Eric Decker who has scored double-digit touchdowns in three of the last five seasons. What does all this mean. It means a Mariota vs Winston Super Bowl is forthcoming. Again, lots of value here. He tossed 28 touchdowns against only 2 interceptions, which was good enough to finish second behind Matt Ryan. He deserves to be the frontrunner in 2017, and like his team is the clear-cut safe money. Rodgers is seeking a third MVP trophy and given the talented passing options at his disposal, he should have little trouble posting gaudy numbers once again.
He also represents some of the best value on the board. Call it low risk, high reward. Carr has improved every season since entering the league in 2014. However, as with any quarterback, his MVP chances are directly tied to how well the Raiders play. If they take a step back and miss the playoffs, Carr will undoubtedly shoulder some of the blame.
Nevertheless, his price is tough to pass up. Ryan was worthy of his 2016 victory, but he kinda sorta won by default. The Falcons offense is poised to take a step back in 2017, so avoiding Matty Ice just makes sense. If the Bucs make a playoff charge, Winston will be the reason.
He is still prone to poor decision-making, but his arm talent and fearless attitude are attributes needed in a franchise quarterback.
The fact that his odds are on par with Ryan and Carr is proof that his star is rising in the eyes of oddsmakers. No Zeke Elliott means more passing attempts for Dak. That could be good, or it could be bad. Make no mistake about it, Prescott was impressive as a rookie.
But a much tougher schedule and no Zeke to help alleviate pressure opens up the possibility of more errors in judgement for the second-year signal caller. A lot will have to go right for Dak to enter the MVP conversation. DJ will need to rush for over 2000 yards and score 18 touchdowns to have a legit shot.
And the Cards will have to make the playoffs. Could all that happen. Like Winston, Mariota passes the eyeball test. Any run the Titans might make in 2017 will be due to his superb play.
Because quarterbacks dominate MVP races, he should not be overlooked. Newton was not good in 2016. And look at this price. Way back in the year 2000 a sophomore Eagles quarterback named Donovan McNabb finished second in MVP voting.
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