Results 251 to 260 of about 72,155 (291)

STOCK SPLITS AND MARKET ANOMALIES

Financial Review, 1983
AbstractPrevious studies of market efficiency have reported conflicting results when examining stock splits. Recent studies reporting market inefficiencies have made several methodological improvements, but have failed to control for the possible confounding effects of “unexpected” changes in corporate earnings announced near the stock split event ...
William D. Nichols, Bill McDonald
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Stock Market Anomalies

2017
Stock market anomalies representing the predictability of cross-sectional stock returns are one of most controversial topics in financial economic research. This chapter reviews several well-documented and pervasive anomalies in the literature, including investment-related anomalies, value anomalies, momentum and long-term reversal, size, and accruals.
Steve Fan, Linda Yu
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Crash probability anomaly in the Chinese stock market

Finance Research Letters, 2021
This study investigates the cross-sectional relationship of stock price crash probability in the Chinese stock market. We find that there is a negative cross-sectional correlation between crash probability and stock return. Meanwhile, we discover that the anomaly of crash probability is affected by market-wide sentiment, which is stronger in high ...
Yi Fang, Hui Niu, Xiangda Tong
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The Nepalese Stock Market: Efficient and Calendar Anomalies [PDF]

NRB Economic Review, 2005
After describing the various forms of efficiency and calendar anomalies observed in many developed and emerging markets according to the existing literature, the present study examines this phenomenon empirically in the Nepalese stock market for daily data of Nepal Stock Exchange Index from February 1, 1995 to December 31, 2004 covering approximately ...
Fatta Bahadur K.C. Ph. D., Nayan Krishna Joshi   +1 more
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Stock market anomalies and baseball cards

Financial Review, 2019
AbstractBaseball cards exhibit anomalies that are analogous to those that are documented in financial markets, namely, momentum, price drift in the direction of past fundamental performance, and initial public offering (IPO) underperformance. Momentum is higher among active players than retired players, and among newer sets than older sets.
Joseph Engelberg, Linh Thompson, Jared Williams   +2 more
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Calendar Anomalies in Stock Markets

2019
In the non-investing world, an anomaly is a strange or unusual occurrence. In financial markets, anomalies refer to situations when a security or group of securities performs contrary to the notion of efficient markets, where security prices are said to reflect all available information at any point in time.
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Stock Market Anomalies and Baseball Cards

SSRN Electronic Journal, 2016
We show that the market for baseball cards exhibits anomalies that are analogous to those that have been documented in financial markets, namely, momentum, price drift in the direction of past fundamental performance, and IPO under performance. Momentum profits are higher among active players than retired players, and among newer sets than older sets ...
Joseph Engelberg, Linh Le
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Market Anomalies in Selected Emerging and Developed Stock Markets

Asia-Pacific Journal of Accounting, 1997
ABSTRACT Recent evidence is provided on market anomalies in some emerging and developed stock markets. The results suggest that daily returns in emerging and developed stock markets violate market efficiency in the weak form. Evidence of significant day of the week effects is found in returns from KLSE, Philippines, FTSE and Nikkie indices. In contrast
Douglas Wood, Sunil Poshakwale
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Equity pricing and stock market anomalies [PDF]

, 1987
A review and interpretation of stock market anomalies in their effect on the pricing of equity.
Hawawini, Gabriel, Banz, Rolf
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EVIDENCE OF STOCK MARKET ANOMALY: THE INDIAN STOCK MARKET'S HOLIDAY EFFECT

2016
This paper analyses the presence of the calendar anomaly, like Holiday effect in the Indian stock market over a past decade during 2006 to 2015 based on market returns. The sample constitutes of the BSE Sensex and NSE Nifty. The study empirically defines the existence of the Holiday effects on the returns of the index.
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