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environments with greater uncertainty, such as down markets, which implies that information will be reflected in asset prices more …
Persistent link: https://www.econbiz.de/10013096116
This research paper aim to examine the profitability of various kinds of oscillator used in technical analysis on market index of NSE (National Stock Exchange) S&P CNX NIFTY 50 during 2004-2014. We have selected the most commonly used three oscillators i.e., Stochastic oscillator, RSI Oscillator...
Persistent link: https://www.econbiz.de/10013010826
. Moreover, we show that an increase in carbon prices is followed by a decrease in the relative value of emission stocks. Finally …, a portfolio strategy that uses information on investors' climate sentiment and carbon prices generates a return of 9 …
Persistent link: https://www.econbiz.de/10013242744
Nowadays, the social media play a central role not only in "de-asymmetrizing" the information between firms and investors but also in influencing the emotional response to this information. The social media have provided firms with the opportunity to construct their image and stimulate...
Persistent link: https://www.econbiz.de/10012913070
expectations helps account for excess volatility in prices, inelastic demand for equities, and stylized facts about the equity term …
Persistent link: https://www.econbiz.de/10014372444
asset prices but, because of its complex interaction with other aspects of the valuation process, these effects are not easy …
Persistent link: https://www.econbiz.de/10013110358
ambiguity decreases market prices and trading activity; ambiguity leads to lower market liquidity through wider bid-ask spreads …
Persistent link: https://www.econbiz.de/10012663127
We examine overconfidence among equity mutual fund managers. While overconfidence has been extensively documented among retail investors, evidence from professional investors is scarce. Consistent with theories of overconfidence, we find that fund managers trade more after good past performance....
Persistent link: https://www.econbiz.de/10003783625
We study the relation between order imbalance and past returns and firm characteristics and test a number of hypothesis including the disposition effect, momentum and contrarian trading, tax-loss selling and flight-to-quality hypothesis. These hypotheses make predictions about investors buy or...
Persistent link: https://www.econbiz.de/10009375163
We examine overconfidence among equity mutual fund managers. While overconfidence has been extensively documented among retail investors, evidence from professional investors is scarce. Consistent with theories of overconfidence, we find that fund managers trade more after good past performance....
Persistent link: https://www.econbiz.de/10009705513