Results 241 to 250 of about 195,852 (279)

Adaptive Market Hypothesis: Evidence from the Vietnamese Stock Market [PDF]

open access: yesJournal of Risk and Financial Management, 2019
This paper aims to test the adaptive market hypothesis in the two main Vietnamese stock exchanges, namely Ho Chi Minh City Stock Exchange (HSX) and Hanoi Stock Exchange (HNX), by measuring the relationship between current stock returns and historical stock returns.
Phan Tran Trung Dzung, Hung Pham Quang
exaly   +3 more sources

Adaptive market hypothesis: evidence from the REIT market

Applied Financial Economics, 2013
We tests two important implications for Real Estate Investment Trust (REIT) market efficiency from the adaptive markets hypothesis (Lo, 2004): first, market efficiency is not an all-or-none condition but is a characteristic that varies continuously over time; second, market efficiency is dependent upon market conditions. By using the automatic variance
Jin Man Lee
exaly   +2 more sources

Market Efficiency in Indian Exchange Rates: Adaptive Market Hypothesis

open access: yesTheoretical Economics Letters, 2018
This paper utilizes the automatic variance ratio test and Belaire-Franch and Contreras (2004) rank-based tests to examine the adaptive market hypothesis in Indian exchange rates relative to US dollar (USD), Great British pound (GBP), Euro and Japanese yen (Yen). We use overlapping and non-overlapping moving subsample approach to examine the sensitivity
Dilip Kumar
exaly   +3 more sources

The Adaptive Markets Hypothesis

The Journal of Portfolio Management, 2004
One of the most influential ideas in the past 30 years is the efficient markets hypothesis, the idea that market prices incorporate all information rationally and instantaneously. The emerging discipline of behavioral economics and finance has challenged the EMH, arguing that markets are not rational, but rather driven by fear and greed.
openaire   +1 more source

The adaptive market hypothesis in the high frequency cryptocurrency market

International Review of Financial Analysis, 2019
This paper investigates the adaptive market hypothesis (AMH) with respect to the high frequency markets of the two largest cryptocurrencies — Bitcoin and Ethereum, versus the Euro and US Dollar. Our findings are consistent with the AMH and show that the efficiency of the markets varies over time.
Chu, Jeffrey   +2 more
openaire   +1 more source

The adaptive markets hypothesis: Insights into small stock market efficiency

open access: yesApplied Economics
Peer ...
Mikael Rönkkö   +2 more
exaly   +3 more sources

The Adaptive Markets Hypothesis

Abstract The Adaptive Markets Hypothesis (AMH) presents a new narrative that reconciles rational behaviour with periods of temporary financial insanity, and provides a formal and systematic exposition of the theory of the AMH and its many applications. In this narrative, intelligent but fallible investors learn from and adapt to changing
Andrew W. Lo, Ruixun Zhang
openaire   +1 more source

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