Lead-lag Effects between Stocks Intra-industry: Evaluating Market Efficiency and Providing Trading Strategy
Objective: The efficient market hypothesis (EMH) states that stock prices reflect all available information and price changes (or return) should be unpredictable. But the lead-lag effect is a phenomenon that provides the predictability of return in the stock market. Examining the lead-lag relationsh...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
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University of Tehran
2021-11-01
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| Series: | تحقیقات مالی |
| Subjects: | |
| Online Access: | https://jfr.ut.ac.ir/article_85051_99e8b198776d62639906e3d15e410ac0.pdf |