Beyond the random walk : a guide to stock market anomalies and low-risk investing /
In an efficient market, all stocks should be valued at a price that is consistent with available information. But as financial expert Vijay Singal, Ph. D., CFA, points out, there are circumstances under which certain stocks sell at a price higher or lower than the right price. In "Beyond the Ra...
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| Main Author: | |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Oxford ; New York :
Oxford University Press,
2003.
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| Series: | Financial Management Association survey and synthesis series.
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| Subjects: | |
| Online Access: | CONNECT |
Table of Contents:
- Market efficiency and anomalies
- The January effect and the new December effect
- The weekend effect
- Short-term price drift
- Momentum in industry portfolios
- Mispricing of mutual funds
- Trading by insiders
- Changes to the S & P 500 index
- Merger arbitrage
- International investing and the home bias
- Bias in currency forward rates
- Understanding and learning from behavioral finance
- A description of other possible mispricings
- Appendix A. Financial instruments
- Appendix B. Short selling
- Appendix C Hedging market return.
