Do extreme market value ratios mean that the market is informationally inefficient? A study of the Warsaw Stock Exchange
Aim/purpose – The aim of this paper is to verify whether extremely high values of market value ratios are the symptoms of informational inefficiency of the market in a weak form. The authors intend to examine whether these phenomena co-occur with each other.
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2021-05-01
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| Series: | Journal of Economics and Management |
| Subjects: | |
| Online Access: | https://doi.org/10.22367/jem.2021.43.10 |
| _version_ | 1811159194912423936 |
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| author | Karasiński Jacek Zduńczak Patryk |
| author_facet | Karasiński Jacek Zduńczak Patryk |
| author_sort | Karasiński Jacek |
| collection | DOAJ |
| description | Aim/purpose – The aim of this paper is to verify whether extremely high values of market value ratios are the symptoms of informational inefficiency of the market in a weak form. The authors intend to examine whether these phenomena co-occur with each other. |
| first_indexed | 2024-04-10T05:36:59Z |
| format | Article |
| id | doaj.art-b42ea3d371484cb7b71defd3a7185f88 |
| institution | Directory Open Access Journal |
| issn | 2719-9975 |
| language | English |
| last_indexed | 2024-04-10T05:36:59Z |
| publishDate | 2021-05-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Journal of Economics and Management |
| spelling | doaj.art-b42ea3d371484cb7b71defd3a7185f882023-03-06T17:03:00ZengSciendoJournal of Economics and Management2719-99752021-05-0143120622410.22367/jem.2021.43.10Do extreme market value ratios mean that the market is informationally inefficient? A study of the Warsaw Stock ExchangeKarasiński Jacek0Zduńczak Patryk1Department of the Financial Systems of the Economy, Faculty of Management, University of Warsaw, PolandFaculty of Management, University of Warsaw, PolandAim/purpose – The aim of this paper is to verify whether extremely high values of market value ratios are the symptoms of informational inefficiency of the market in a weak form. The authors intend to examine whether these phenomena co-occur with each other.https://doi.org/10.22367/jem.2021.43.10efficient market hypothesisweak-form efficiencymarket value ratiosstock marketsrandom walkg10g12g14 |
| spellingShingle | Karasiński Jacek Zduńczak Patryk Do extreme market value ratios mean that the market is informationally inefficient? A study of the Warsaw Stock Exchange Journal of Economics and Management efficient market hypothesis weak-form efficiency market value ratios stock markets random walk g10 g12 g14 |
| title | Do extreme market value ratios mean that the market is informationally inefficient? A study of the Warsaw Stock Exchange |
| title_full | Do extreme market value ratios mean that the market is informationally inefficient? A study of the Warsaw Stock Exchange |
| title_fullStr | Do extreme market value ratios mean that the market is informationally inefficient? A study of the Warsaw Stock Exchange |
| title_full_unstemmed | Do extreme market value ratios mean that the market is informationally inefficient? A study of the Warsaw Stock Exchange |
| title_short | Do extreme market value ratios mean that the market is informationally inefficient? A study of the Warsaw Stock Exchange |
| title_sort | do extreme market value ratios mean that the market is informationally inefficient a study of the warsaw stock exchange |
| topic | efficient market hypothesis weak-form efficiency market value ratios stock markets random walk g10 g12 g14 |
| url | https://doi.org/10.22367/jem.2021.43.10 |
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