investigate the profitability of momentum trading and contrarian investment strategies for equities listed on the Australian Stock … equities. This research also investigates the seasonal aspects of contrarian portfolios and observes weekly, monthly and yearly … effects. We report significant contrarian profits for the period investigated (from 2001 to 2006) and show that contrarian …

Using a pooled cross-sectional time series approach, we evaluate profits of momentum strategies and identify the … sources of profits in China's stock market. Momentum strategies generate significant and negative returns in the A …-share market on investment horizons at one month and at and above nine months. In the B-share market, momentum strategies yield …

Trend-chasing and Contrarian are well-documented empirical trading patterns that the literature generally attributes to … remarkably well recent empirical findings of time-series momentum and reversal. Specifically, speculators trade like Trend …-chasers throughout the momentum phase closing positions once the trend reverses, while hedgers trade like Contrarians. These trades seem …

, profitability, asset growth and accruals anomalies is primarily attributable to micro-cap stocks. Momentum and asset growth predict … the expected returns of big stocks, but momentum does not predict the returns on micro stocks, and asset growth does not … matter for small stocks. Contrarian returns are largely explained by stock size and value dimensions. Evidence for the …

and out of the same industries. Second, they were momentum traders in the tranquil period from 2002 to 2006 and contrarian … investors demonstrated contrarian trading strategies to stabilize future industrial returns in the financial crisis period; they …