Equity market anomalies: concepts, classifications, theories and evidence

Qaiser Munir, and Kok, Sook ching (2016) Equity market anomalies: concepts, classifications, theories and evidence. Information Efficiency and Anomalies in Asian Equity Markets: Theories and Evidence. pp. 17-33.

[img] Text
Equity market anomalies.pdf

Download (93kB)

Abstract

At the outset, it is important to understand the meaning of ‘anomalies’. In general, anomalies are known as irregularities or deviations from the natural order (George and Elton, 2001). Anomalies that arise from the trading of financial instruments are referred to as the moments when security prices depart from their normal behaviour (Dana and Cristina, 2013). In relation to stock trading specifically, Hubbard (2008) defines anomalies as the trading opportunities derived from the investment strategies that allow for earning above-normal returns.

Item Type: Book Chapter
Uncontrolled Keywords: Anomalies , security prices , trading of financial instruments
Subjects: H Social Sciences > HF Commerce
Divisions: FACULTY > Faculty of Business, Economics and Accounting
Depositing User: Noraini
Date Deposited: 17 May 2018 01:30
Last Modified: 17 May 2018 01:30
URI: http://eprints.ums.edu.my/id/eprint/20067

Actions (login required)

View Item View Item