Does Bursa Malaysia overreact?
Findings for the whole period from January 1987 to December 2006 reveal that loser has insignificantly becomes loser and winner has significantly reversed in the subsequent period. Arbitrage portfolio does not provide any significant abnormal return thus, not consistent with the overreaction hypothe...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
EuroJournals Publishing
2009
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| Online Access: | http://psasir.upm.edu.my/id/eprint/52125/1/Does%20Bursa%20Malaysia%20overreact.pdf |