INVESTING STRATEGIES OF ROMANIAN RETAIL INVESTORS BEFORE AND DURING CRISIS (2006-2009)
There are plenty empirical studies in international literature, which investigate decision-making strategies of retail investors (Gelos and Wei, 2002, Lucey and Dowling, 2005, etc.). The majority of this studies include: fundamental analysis, technical analysis, a combination of technical analysis a...
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Format: | Article |
Language: | English |
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Romanian Foundation for Business Intelligence
2015-12-01
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Series: | SEA: Practical Application of Science |
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http://seaopenresearch.eu/Journals/articles/SPAS_9_4.pdf
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author | Ionela Ancuța IANCU |
author_facet | Ionela Ancuța IANCU |
author_sort | Ionela Ancuța IANCU |
collection | DOAJ |
description | There are plenty empirical studies in international literature, which investigate decision-making strategies of retail investors (Gelos and Wei, 2002, Lucey and Dowling, 2005, etc.). The majority of this studies include: fundamental analysis, technical analysis, a combination of technical analysis and fundamental analysis, brokers recommendations and financial reports. Using some elements investigated in the literature, our experience in stock markets and an enquiry over the investors behavior, our study shows what strategies increased the efficiency of the portfolio, in a period of maximum volatility on the Bucharest Stock Exchange (2006-2009). Basically, we note that, regardless of the economic cycle, those who used fundamental analysis in the decision making process, have been more successful than the rest. |
first_indexed | 2024-12-13T06:14:46Z |
format | Article |
id | doaj.art-bdb88770a8114d21bdc7bfae06a1b611 |
institution | Directory Open Access Journal |
issn | 2360-2554 |
language | English |
last_indexed | 2024-12-13T06:14:46Z |
publishDate | 2015-12-01 |
publisher | Romanian Foundation for Business Intelligence |
record_format | Article |
series | SEA: Practical Application of Science |
spelling | doaj.art-bdb88770a8114d21bdc7bfae06a1b6112022-12-21T23:57:00ZengRomanian Foundation for Business IntelligenceSEA: Practical Application of Science2360-25542015-12-01III9 (3/2015)2328seapas:y:2015:i:9:p:23-28INVESTING STRATEGIES OF ROMANIAN RETAIL INVESTORS BEFORE AND DURING CRISIS (2006-2009)Ionela Ancuța IANCU0 Universitatea Tehnică din Cluj Napoca, Cluj-Napoca, România There are plenty empirical studies in international literature, which investigate decision-making strategies of retail investors (Gelos and Wei, 2002, Lucey and Dowling, 2005, etc.). The majority of this studies include: fundamental analysis, technical analysis, a combination of technical analysis and fundamental analysis, brokers recommendations and financial reports. Using some elements investigated in the literature, our experience in stock markets and an enquiry over the investors behavior, our study shows what strategies increased the efficiency of the portfolio, in a period of maximum volatility on the Bucharest Stock Exchange (2006-2009). Basically, we note that, regardless of the economic cycle, those who used fundamental analysis in the decision making process, have been more successful than the rest. http://seaopenresearch.eu/Journals/articles/SPAS_9_4.pdf InvestmentsStrategiesStock MarketCrises |
spellingShingle | Ionela Ancuța IANCU INVESTING STRATEGIES OF ROMANIAN RETAIL INVESTORS BEFORE AND DURING CRISIS (2006-2009) SEA: Practical Application of Science Investments Strategies Stock Market Crises |
title | INVESTING STRATEGIES OF ROMANIAN RETAIL INVESTORS BEFORE AND DURING CRISIS (2006-2009) |
title_full | INVESTING STRATEGIES OF ROMANIAN RETAIL INVESTORS BEFORE AND DURING CRISIS (2006-2009) |
title_fullStr | INVESTING STRATEGIES OF ROMANIAN RETAIL INVESTORS BEFORE AND DURING CRISIS (2006-2009) |
title_full_unstemmed | INVESTING STRATEGIES OF ROMANIAN RETAIL INVESTORS BEFORE AND DURING CRISIS (2006-2009) |
title_short | INVESTING STRATEGIES OF ROMANIAN RETAIL INVESTORS BEFORE AND DURING CRISIS (2006-2009) |
title_sort | investing strategies of romanian retail investors before and during crisis 2006 2009 |
topic | Investments Strategies Stock Market Crises |
url |
http://seaopenresearch.eu/Journals/articles/SPAS_9_4.pdf
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work_keys_str_mv | AT ionelaancutaiancu investingstrategiesofromanianretailinvestorsbeforeandduringcrisis20062009 |