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Anglický jazyk
Contrarian Investment Strategy: A Study on Chittagong Stock Exchange
Autor: Md. Rizwan Hassan
The essence of different contrarian strategies, which have been advocated and utilized by practitioners for many years, is built upon the assumption that the stock market has a tendency to overreact. In other words, stock prices reflect the information available,... Viac o knihe
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O knihe
The essence of different contrarian strategies, which have been advocated and utilized by practitioners for many years, is built upon the assumption that the stock market has a tendency to overreact. In other words, stock prices reflect the information available, by tending to either go abnormally high or unreasonably low. Some researchers, however, argue that this phenomenon might be a combined result of seasonality and firm size effect. In this paper I investigated short-term contrarian investment strategies in Chittagong Stock Exchange using monthly data of all listed stocks during the period of 2000 to 2003. The empirical findings prove that contrarian strategies in CSE are not as powerful as in other equity markets.
- Vydavateľstvo: LAP LAMBERT Academic Publishing
- Rok vydania: 2018
- Formát: Paperback
- Rozmer: 220 x 150 mm
- Jazyk: Anglický jazyk
- ISBN: 9783659746512
