Investors are told to be overreacting when their sentiment drives the price of a certain security up (down) enough to make it the biggest winners (loser), in most cases considering this overreaction period as long as 3 or 5 years. This paper studies the overreaction hypothesis in market indices. Using end of month data from December 1970 to December 2018 from 49 Morgan Stanley Capital International Indices we studied the overreaction hypothesis on Market Indices for 3- and 5-years’ investment periods. Instead of Cumulative Average Returns the returns were computed as Holding Period Returns to avoid the upward bias. We found strong return reversals for 3-year investment periods, which were statistically significant at a 5% significant level...
Submitted in partial fulfillment of the requirements for the Degree of Bachelor Business Science in ...
Findings for the whole period from January 1987 to December 2006 reveal that loser has insignificant...
Using intraday trading data during the 2008 financial crisis, from the Standard and Poor’s Depositor...
Investors are told to be overreacting when their sentiment drives the price of a certain security up...
The overreaction hypothesis asserts that investors tend to violate the Bayes’ rule where they overre...
Investor overreaction results in the systematic overshooting of stock prices and their subsequent me...
This paper investigates the evidence on the stock market overreaction hypothesis (ORH), which holds ...
Eurasian Studies in Business and Economics book series (EBES, volume 15/1) Series Print ISSN 2364-50...
In this paper, using the Conrad and Kaul\u27s methodology we test for the overreaction hypothesis - ...
Mestrado em FinançasEntende-se por sobreajustamento de mercado quando o optimismo (pessimismo) por p...
Findings for the whole period from January 1987 to December 2006 reveal that loser has insignificant...
The strong-form version of the efficient market hypothesis states that all information, past and cur...
International audienceThe purpose of this paper is to assess the performance of a contrarian investm...
We study investor overreaction using data for five major stock market crashes during the 1987-2008 p...
This paper examines long-term price overreactions in various financial markets (commodities, US stoc...
Submitted in partial fulfillment of the requirements for the Degree of Bachelor Business Science in ...
Findings for the whole period from January 1987 to December 2006 reveal that loser has insignificant...
Using intraday trading data during the 2008 financial crisis, from the Standard and Poor’s Depositor...
Investors are told to be overreacting when their sentiment drives the price of a certain security up...
The overreaction hypothesis asserts that investors tend to violate the Bayes’ rule where they overre...
Investor overreaction results in the systematic overshooting of stock prices and their subsequent me...
This paper investigates the evidence on the stock market overreaction hypothesis (ORH), which holds ...
Eurasian Studies in Business and Economics book series (EBES, volume 15/1) Series Print ISSN 2364-50...
In this paper, using the Conrad and Kaul\u27s methodology we test for the overreaction hypothesis - ...
Mestrado em FinançasEntende-se por sobreajustamento de mercado quando o optimismo (pessimismo) por p...
Findings for the whole period from January 1987 to December 2006 reveal that loser has insignificant...
The strong-form version of the efficient market hypothesis states that all information, past and cur...
International audienceThe purpose of this paper is to assess the performance of a contrarian investm...
We study investor overreaction using data for five major stock market crashes during the 1987-2008 p...
This paper examines long-term price overreactions in various financial markets (commodities, US stoc...
Submitted in partial fulfillment of the requirements for the Degree of Bachelor Business Science in ...
Findings for the whole period from January 1987 to December 2006 reveal that loser has insignificant...
Using intraday trading data during the 2008 financial crisis, from the Standard and Poor’s Depositor...