Day-of-the-week and weekend effects on stock market returns: an investigation through review of literature
The weak-form of market efficiency states that stock price reflects all the historical price data thus abnormal return cannot be earned based on historical price. Many studies observed a pattern in generating returns over the week, where Fridays have been documented as a day providing significantly...
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2024-03-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1718.pdf
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