Results 101 to 110 of about 7,457,579 (205)
Efficient Market Hypothesis in South Africa: Evidence from Linear and Nonlinear Unit Root Tests [PDF]
Managing Global Transitions, 2015 This study investigates the weak form efficient market hypothesis (EMH) for five generalized stock indices in the Johannesburg Stock Exchange (JSE) using weekly data collected from 31st January 2000 to 16th December 2014.
Andrew Phiri
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Weak-form Efficient Market Hypothesis, Behavioural Finance and Episodic Transient Dependencies: The Case of the Kuala Lumpur Stock Exchange [PDF]
This study utilizes the windowed-test procedure of Hinich and Patterson (1995) to examine the data generating process of KLSE CI returns series. Unlike previous studies, the present one relates the evidence to the popular weak-form EMH and behavioural ...
Venus Khim-Sen Liew +2 more
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Adaptive market hypothesis: insights from BRIC-T countries’ stock markets
Financial Internet QuarterlyComparing the Efficient Market Hypothesis and Behavioral Finance, the Adaptive Markets Hypothesis (AMH), which identifies the extremes of these two hypotheses and adapts them to each other, argues that calendar anomalies can coexist, but also focuses on ...
Ozekenci Sureyya Yilmaz
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Energies, 2019 In this paper we examine and compare the efficiency of four European electricity markets (NordPool, Italian, Spanish and Greek) of different microstructure and level of maturity, by testing the weak form of the Efficient Market Hypothesis (EMH).
George P. Papaioannou +4 more
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Efficient Market Hypothesis in European Stock Markets [PDF]
This paper reports the results of tests on the weak-form market efficiency applied to stock market indexes of France, Germany, UK, Greece, Portugal and Spain, from January 1993 to December 2007. We use a serial correlation test, a runs test, an augmented
Maria Rosa Borges
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Efficiency of the Foreign Exchange Market of Papua New Guinea During the Recent Float [PDF]
This paper examines the validity of the efficient market hypothesis (EMH) for the foreign exchange market of Papua New Guinea (PNG) using data on spot exchange rates for four major foreign currencies during the recent float.
Guneratne Banda Wickremasinghe
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مجلة الغري للعلوم الاقتصادية والاداريةAsymmetric information, where one party has more or worse information than another, significantly impacts financial markets. This study examines how information asymmetry shapes investment strategies and its implications for financial market stability ...
يوسف أدينيي جاميو +2 more
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Why do Goals Matter? Sport Events and Capital Market Returns [PDF]
Ovidius University Annals: Economic Sciences Series, 2016 Expected utility theory and Efficient Market Hypothesis (EMH) seem to be unable to properly explain the returns’ evolution in the stock market. The players does not act as rational as the theories assume and the prices seldom follow the EMH rules. The
Aurora Murgea, Milena-Jana Schank
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The adaptive markets hypothesis through the lens of machine learning
HeliyonThe adaptive markets hypothesis (AMH) postulates that markets are not stationary environments permanently in equilibrium as the efficient market hypothesis (EMH) posits, but evolve over time. However, testing this requires tools that capture the inherent
Julio Villavicencio +2 more
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