Recently, the investor overreaction catches the attention of the academicians and practitioners. The topic comes under … the limelight of academicians and policymakers. This study, therefore, addresses investor overreaction and its … significant overreaction (distinct reversal) in the stock market in the global-financial crisis period, which may attribute to the …

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 …