When evaluating the significance of calendar effects, such as those associated with Monday
and January, it is necessary to control for all possible calendar effects to avoid spurious …

Finansal piyasalarda işlem yapan bireysel yatırımcıların her zaman rasyonel çizgide hareket
ettiğini söylemek pek mümkün değildir. Bazen psikolojik ve kişilikten kaynaklanan unsurlar …

This paper investigates the existence of the Weekend, January and Pre-Holiday effects in
the All Gold Index on the Johannesburg Stock Exchange over an 11-year period; 5 January …

Purpose–The paper aims to examine the Russian stock and bond markets for evidence of
calendar anomalies in the first decade of the twenty-first century including a monthly …

Calendar anomalies can be defined as the indiscretion or unswerving pattern that cannot be
entrenched by the presented theories of Finance. This paper tries to investigate the …

Daily seasonality in stock markets is one of the most intriguing problems in financial
economics and a true challenge to the efficiency hypothesis. This paper examines daily …

The Presence of the day-of-the week effect has been documented in equity markets
throughout the world. Most of the studies reporting this pervasive pattern have relied on the …

Purpose–This study aims to examine the market returns of the Ukrainian stock and bond
markets to determine whether they exhibit calendar anomalies including the January effect …

The article provides empirical evidence on day-of-the-week effects in Finnish financial
markets. It investigates the day-of-the-week phenomenon in the Finnish stock market, where …

Purpose The purpose of this paper is to analyze different seasonal anomalies for the Israeli
securities markets for the pre-and post-global financial crisis periods. Design/methodology …