The main objective of the paper is to seek the source that can explain the momentum profits because the source of momentum profits has been disputed. The secondary objective of the paper is to affirm the findings of the author about the presence of the short term momentum effect and to reaffirm...

In the field of financial literature, many scholars have tried to solve the riddle of origin of momentum profits. But results are so far mixed and not ultimate. The purpose of this paper is to find the origin of short term momentum effect. For this purpose, a new set of variables has been chosen...

Short term momentum effect claims that recent past winners tend to outperform the market whereas recent past losers tend to underperforms the market. Therefore by definition it challenges the efficient market hypothesis, which is of the view that future returns cannot be predicted by using past...

The objective of this paper is to examine the impacts and profitability in great detail of sub-variants of price momentum strategies on Karachi Stock Exchange (KSE) which is an emerging stock market. The sub-variants are price momentum strategies, trading volume based momentum strategies and...

The paper sheds the light on treasury efficiency. It discusses the definition of treasury efficiency, its importance, benefits and problems. Then it further discusses about improvement in treasury efficiency. It also converses about the treasury efficiency in practice, treasury efficiency...

This research is the earliest attempt to understand the impact of inflation and the interest rate on output growth in the context of Pakistan using the wavelet transformation approach. For this study, we used monthly data on inflation, the interest rate, and industrial production from January...