Showing 1 - 10 of 109
Persistent link: https://www.econbiz.de/10009680904
Persistent link: https://www.econbiz.de/10011408672
Persistent link: https://www.econbiz.de/10001661695
Persistent link: https://www.econbiz.de/10002011410
Persistent link: https://www.econbiz.de/10001551884
Persistent link: https://www.econbiz.de/10000901541
Persistent link: https://www.econbiz.de/10000908932
This study explores the role of investor sentiment in a broad set of anomalies in cross-sectional stock returns. We … prevalent than underpricing, due to short-sale impediments. Long-short strategies that exploit the anomalies exhibit profits … exhibits no relation to returns on the long legs of the strategies …
Persistent link: https://www.econbiz.de/10013127985
This study explores the role of investor sentiment in a broad set of anomalies in cross-sectional stock returns. We … prevalent than underpricing, due to short-sale impediments. Long-short strategies that exploit the anomalies exhibit profits … exhibits no relation to returns on the long legs of the strategies …
Persistent link: https://www.econbiz.de/10013116326
Short selling, as compared to purchasing, faces greater risks and other potential impediments. This arbitrage asymmetry explains the negative relation between idiosyncratic volatility (IVOL) and average return. The IVOL effect is negative among overpriced stocks but positive among underpriced...
Persistent link: https://www.econbiz.de/10013097661