Excess Volatility and Implied Trading Strategy : A Panel Application in Five Asian Market
It has been known for many years that stock prices frequently undergo changes that do not coincide with changes in prospective dividends. This reveals the evidence of excess volatility which is an implication of market inefficiency. Almost all of the empirical studies done on the excess volatility u...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2015
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| Online Access: | https://eprints.nottingham.ac.uk/28596/ |