Showing 1 - 10 of 88,073
This study investigates the co-movement patterns of Asia technology stock indices and cryptocurrencies during the COVID …-movements suggest shifts in herding behavior due to the pandemic. Notably, cryptocurrency markets have demonstrated faster recovery …
Persistent link: https://www.econbiz.de/10014432024
herding behavior and market risk. Moreover, speculators' orders depend on price trends, market misalignments and fundamental … news. Using a mix of analytical and numerical tools, we show that a herding-induced market entry wave may amplify excess …
Persistent link: https://www.econbiz.de/10011702006
Persistent link: https://www.econbiz.de/10013167095
This study investigated the impact of Muslim Holy Days on daily stock returns of Asian financial markets for a period of 2001–2014. These markets include Pakistan, Bahrain, Saudi Arabia, and Turkey. The study has tried to isolate the effect of Gregorian calendar anomalies from Muslim Holy Days...
Persistent link: https://www.econbiz.de/10011877678
In this study, we examined the fractal structure of the Nikkei225, HangSeng, Shanghai Stock Exchange and Straits Times Index of Singapore. Empirical analysis was performed via non-parametric, semi-parametric long memory tests and also fractal dimension calculations. In order to avoid spurious...
Persistent link: https://www.econbiz.de/10011568388
novel contribution of this study is the incorporation of stock trading volume to explore the herding behavior laterally with … predictor of herding than stock returns by employing ordinary least square method for cross-sectional absolute deviation (CSAD …). Findings under stock returns indicate herding in eight industries at the industry level and in only one industry at market …
Persistent link: https://www.econbiz.de/10014232835
The idea of this study is derived from observing the profitability of stock investments following the phenomena of continuously rising (or falling) prices of stocks and continuously overbought (or oversold) signals emitted by technical indicators. We employ the standard event study approach and...
Persistent link: https://www.econbiz.de/10013272636
We adopt the cross-sectional absolute deviation model (CSAD) to test the herding behavior of ChiNext, a decade …-old NASDAQ-style stock market in China, based on its stocks from 2015-2019. Our findings show that the herding behavior is … enterprises and dominated by individual investors instead of institutional investors. Moreover, we find that herding tends to be …
Persistent link: https://www.econbiz.de/10013177036
This study examines herding behavior in the Pakistani Stock Market under different market conditions, focusing on the … J 51:31–37, 1995) and Chang et al., (J Bank Finance 24:1651–1679, 2000) are used for herding estimations. Results based … on daily stock data reveal that there is an absence of herding behavior during rising (up) and falling (down) market as …
Persistent link: https://www.econbiz.de/10011883177
idiosyncratic stocks. This sheds light on why herding is not detected in the prior studies as it may be concentrated among stocks … with certain characteristics. Further, it provides evidence of adverse herding …
Persistent link: https://www.econbiz.de/10012841749