Viet Anh Duong Hoang; Truong Ba Thanh; Hoang Duong Viet Anh - In: Global business and finance review 29 (2024) 4, pp. 134-143
Purpose: In this study, we evaluate the relationship between lottery-type stocks and future return in the Vietnam stock …-sectional regressions. However, the maximum daily return (MAXRET) effect is not priced in the Vietnam stock market. These findings hold up … exhibited as a lottery-type stock's behavior in the Vietnam market. …