When one knows the correct value of a tradable asset and the asset price diverges from that
value, future convergence may present a good trading opportunity. However, the trader still …

We present evidence on the December effect. When investors do not sell winner stocks in
December but postpone their sale to January so that capital gains will not be realized in the …

After describing the various forms of efficiency and calendar anomalies observed in many
developed and emerging markets according to the existing literature, the present study …

During the past decades, the efficient market hypothesis (EMH) has been at the heart of the
debate in the financial literature. Ultimately, the consequence of the efficiency of a market is …

This Paper analyze of return with market anomaly in December effect in Indonesia Stock
Exchange. Population to be studied is “Indeks Harga Saham Gabungan (IHSG)” or called …

After describing the various forms of efficiency and calendar anomalies observed in many
developed and emerging markets according to the existing literature, the present study …

This study mainly supports the Overreaction Hypothesis in the Inter-industry and the intra-
sector environment of the UK stock market. Firstly, it contradicts Haugen,(1996) plausible …

This research is constructed in order to further analyze calendar anomalies in the Nordic
stock markets. Calendar anomalies are price movements that appear during particular times …

This paper investigates the semi-strong form of efficiency of Chinese stock markets in
response to earnings forecast announcement by employing the methodology of event study …

The primary objective of this study is to assess the day of the week effect in the Kenya
Shilling versus Us Dollar foreign exchange market using data over the period, July 2, 2007 …