The Persistence of Seasonality: Evidence from 1926 to 2009 - Vincent Smits - Grāmatas - LAP LAMBERT Academic Publishing - 9783844330830 - 2011. gada 21. aprīlis
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The Persistence of Seasonality: Evidence from 1926 to 2009

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Investors and academics have long been intrigued by seasonality effects on stock returns. In this research it was tested whether any significant monthly returns persist over time. The results obtained in this research provide evidence for seasonality in stock returns during the 1926 ? 2009 period. Extended analysis of persistence across time showed that monthly stock returns are in fact not persistent over longer time periods, for all portfolios except for the smallest size portfolios. The extended analysis further revealed that evidence of persistence is highly correlated with the size effect.

Mediji Grāmatas     Paperback Book   (Grāmata ar mīksto vāku un līmēto muguru)
Izlaists 2011. gada 21. aprīlis
ISBN13 9783844330830
Izdevēji LAP LAMBERT Academic Publishing
Lapas 68
Izmēri 150 × 4 × 225 mm   ·   119 g
Valoda Vācu  

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