contributes to post earnings announcement drift (PEAD) and price momentum. Indeed, when we double-sort by momentum portfolios and … retail trading flows, PEAD and momentum are only present in the top two quintiles of retail trading intensity. Finer sorts … substantial role of retail investors in generating momentum. Alternative hypotheses, such as the disposition effect and stale …

This study aims to examine whether there is any evidence of momentum in Moroccan industries and whether these momentum … showed that there is ample evidence and statistically significant momentum returns in Moroccan industries. The sub …-sample findings support the evidence of momentum. This study also shows that momentum returns in the Moroccan industry are not …

in which I regress momentum on activity load. I find that increases in the activity load from acquisitions, on average …, reduce a firm's likelihood to maintain acquisition momentum. That is, the increase in acquisition activity created by … overall momentum. Yet, I obtain ambiguous results when examining heterogeneity in acquirer responses arising from differences …

reports of the 'death of beta' from the mainstream finance literature, (iii) the capital markets' one-year momentum measure …

momentum risk factor (as existing work has suggested), but also the widely-used U.S. size and value risk factors. We then build … novel pan-European and country-specific momentum, size, and value risk factors. By comparing our pan-European market returns …

momentum strategy. The Japanese case illustrates the necessity of considering structural instability related to the …