Predicting First Day Returns for Japanese IPOs

Project Details

Term: 

2011

Students: 

Vivek Kumar, Gaurav Jain, Mahadar Rohan Anil, Tejas Vikram Pahlajani

University: 

ISB

Presentation: 

Report: 

The goal of this project is to predict the First Day returns on Japanese IPOs (based on first day closing price), using public information available prior to the offer. Such a predictive model could be used to predict whether a new IPO coming on the market will make first day gains or not, and use the result to decide whether to invest in the IPO.

Application Area: