Dogukanli, Hatice; Vural, Gamze; Ergun, Bahadir - In: Istanbul Stock Exchange Review 13 (2013) 49, pp. 1-18
In this paper whether the Overreaction Hypothesis was valid and the contrarian investment strategies were useful to … of DeBondt and Thaler (1985) with overlapping periods. In conclusion of the analysis, results supporting Overreaction … Hypothesis and effectiveness of the contrarian strategies were found in most of the portfolio formation and test periods. This …