Winner-Loser Reversals in National Stock Market Indices
By:Mr. Anthony J. Richards
Published on 1997-12-01 by International Monetary Fund
This paper examines possible explanations for “winner–loser reversals” in the national stock market indices of 16 countries. There is no evidence that loser countries are riskier than winner countries either in terms of standard deviations, covariance with the world market or other risk factors, or performance in adverse economic states of the world. While there is evidence that small markets are subject to larger reversals than large markets, perhaps because of some form of market imperfection, the reversals are not just a small-market phenomenon. The apparent anomaly of winner-loser reversals in national market indices therefore remains unresolved.
This Book was ranked at 29 by Google Books for keyword economics explained.
Book ID of Winner-Loser Reversals in National Stock Market Indices's Books is pch5NcQ6Qa0C, Book which was written byMr. Anthony J. Richardshave ETAG "jEb0pzx5bME"
Book which was published by International Monetary Fund since 1997-12-01 have ISBNs, ISBN 13 Code is 9781451904598 and ISBN 10 Code is 1451904592
Reading Mode in Text Status is false and Reading Mode in Image Status is true
Book which have "22 Pages" is Printed at BOOK under CategoryBusiness and Economics
This Book was rated by Raters and have average rate at ""
This eBook Maturity (Adult Book) status is NOT_MATURE
Book was written in en
eBook Version Availability Status at PDF is true and in ePub is false
Book Preview
Tidak ada komentar:
Posting Komentar