-term underreaction, long-term overreaction, and their magnitude effects during financial crises and subsequent recovery. …

test the profitability of two alternative strategies, one based on the classical overreaction anomaly, the other on a so … data. In the majority of cases strategies based on overreaction anomalies are not profitable, and therefore the latter …

there is an "inertia anomaly", i.e. after an overreaction day prices tend to move in the same direction for some time. A …

there is an "inertia anomaly", i.e. after an overreaction day prices tend to move in the same direction for some time. A …