Showing 1 - 10 of 45
We study the information in order flows of different customer segments in the world's largest over-the-counter market, the foreign exchange market. The analysis draws on a unique dataset covering a broad cross-section of currency pairs and distinguishing trades by key types of foreign exchange...
Persistent link: https://www.econbiz.de/10009735900
We study the information in order flows in the world's largest over-the-counter market, the foreign exchange market. The analysis draws on a data set covering a broad cross-section of currencies and different customer segments of foreign exchange endusers. The results suggest that order flows...
Persistent link: https://www.econbiz.de/10013007624
We study the information in order flows in the world's largest over-the-counter market, the foreign exchange market. The analysis draws on a data set covering a broad cross-section of currencies and different customer segments of foreign exchange end-users. The results suggest that order flows...
Persistent link: https://www.econbiz.de/10013008113
evidence from 692 fund managers in five countries, the vast majority of whom rely on technical analysis. At a forecasting … psychological influences. Consequently, technicians apply trend-following behavior. -- fund managers ; technical analysis …
Persistent link: https://www.econbiz.de/10003961008
of momentum traders in a sample of 692 fund managers. We find that momentum traders are 'defined' by their short … managers with respect to sophistication. This is consistent with the interpretation that momentum returns may compensate for …
Persistent link: https://www.econbiz.de/10003966816
of decision making? We analyze survey responses of 649 fund managers in the U.S., Germany, Italy and Thailand, and find … that female fund managers tend to behave as expected from gender studies: they are more risk averse and shy away from … insignificant in fund management. -- fund managers ; gender differences ; risk ; overconfidence ; tournament behavior …
Persistent link: https://www.econbiz.de/10003663198
incentives to learn efficient behavior, i.e. fund managers. We split this group into endorsers and non-endorsers of behavioral …, even though endorsers otherwise do adapt behavior to their endorsement. -- behavioral finance ; fund managers ; biases …
Persistent link: https://www.econbiz.de/10003664931
Persistent link: https://www.econbiz.de/10012874866
We show that technical indicators deliver stable economic value in predicting the U.S. equity premium over the out-of-sample period from 1966 to 2014. Results tentatively improve over time and beat alternatives over a large continuum of sub-periods. By contrast, economic indicators work well...
Persistent link: https://www.econbiz.de/10011436049
Persistent link: https://www.econbiz.de/10010531060