Calendar Effects in the Stock Markets of Central European Countries
The efficient market hypothesis suggests that there are no opportunities to gain above‑normal profits using available information, because it is all reflected in the prices.
Marek Szymański, Grzegorz Wojtalik
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ANALYSIS OF MONTHLY RATES OF RETURN IN JANUARY AND DECEMBER ON THE EXAMPLE OF SELECTED WORLD STOCK EXCHANGE INDEXES [PDF]
In today's financial market there is a debate on the efficiency of markets between theoreticians and practitioners. While the former are trying to demonstrate the efficiency of financial markets, the second group believes that financial markets are not ...
Krzysztof BOROWSKI
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January effect: 200 years of evolution in the us stock market [PDF]
This paper is a comprehensive investigation of the January Effect evolution in the US stock market over the period 1791–2015. It employs various statistical techniques (average analysis, Student’s t-test, ANOVA, Mann-Whitney test) and a trading ...
Alex Plastun, Vyacheslav Plastun
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GEOMAGNETIC EFFECT OF TURKISH EARTHQUAKE OF JANUARY 24, 2020 [PDF]
Purpose:The main cause of geomagnetic disturbances are cosmic sources, processes acting in the solar wind and in the interplanetary medium, as well as large celestial bodies entering the terrestrial atmosphere.
Y. Luo, L. F. Chernogor, K. P. Garmash
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Expanding the Understanding of Socioeconomic Challenges in Developing Countries: Evidence on the Link between Market Liquidity and Stock Returns [PDF]
Research in advanced markets has identified a negative and significant relationship between stock returns and liquidity. Conversely, research on emerging markets yields conflicting findings, indicating either a positive relationship or no relationship ...
Halil Dincer Kaya +1 more
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THE IMPACT OF SEASONALITY IN TEMPERATURE FORECAST ON TOURIST ARRIVALS IN BANGLADESH: AN EMPIRICAL EVIDENCE [PDF]
In the present study, we aim to investigate how seasonality influences the climate changes on the outdoor thermal comfort for traveling to visit Bangladesh.
Sayed Mohibul HOSSEN +2 more
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The January Effect occurred as a result companies that have a strategy to improve it is financial statements. The company will sell stocks that have low values at the end of the year and sell shares favorable to attract investment back at the beginning ...
Latanza Hanum Kartikasari
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The Other January Effect: international evidence [PDF]
This paper investigates the predictive power of stock market returns in January for the subsequent 11 months’ returns across 19 countries, thereby contributing to the literature on stock market seasonalities. Only 2 out of 19 countries’ stock markets exhibit a robust Other January Effect.
Martin T. Bohl, Christian A. Salm
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JANUARY EFFECT DAN SIZE EFFECT PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA
Capital market is called efficient if the prices in the market reflect all the information that may be obtained by investors. In the efficient market there is no possibility to obtain abnormal returns, although in practice there are things that are ...
Aulia Rahma Yani +2 more
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The Montenegrin capital market: Calendar anomalies [PDF]
Many researchers have shown that capital markets in CEE countries are weakly efficient in terms of calendar anomalies. The goal of this paper is to investigate whether the capital market in Montenegro is efficient regarding some of these anomalies ...
Karadžić Vesna +1 more
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