Evidence for Seasonality and Changes in Seasonal Trends in Indian Stock Market - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Evidence for Seasonality and Changes in Seasonal Trends in Indian Stock Market write by Shilpa Lodha. This book was released on 2017. Evidence for Seasonality and Changes in Seasonal Trends in Indian Stock Market available in PDF, EPUB and Kindle. Seasonality in stock markets is a regular and repetitive phenomenon occurring at some regular intervals of time, which may generate abnormal or excess returns. This paper explores the existence of seasonality in Indian stock market in four forms, namely, day-of-the-week effect, month-of-the-year effect, quarterly effects, and monthly effects. For this purpose, S&P CNX Nifty was taken as the sample. The daily closing, opening, high and low prices were collected from November 3, 1995 to May 31, 2013. ADF test was used for checking stationarity, whereas a dummy variable regression was used for testing seasonality. It was found that all the four effects are present in the Indian stock market. The returns of September, Monday, first quarter and first-half of the month were significantly different. Thus the existence of seasonality in Indian stock markets was proved. All the four effects tested for Nifty indicate that seasonality has changed over the years.
Seasonal Stock Market Trends
Seasonal Stock Market Trends - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Seasonal Stock Market Trends write by Jay Kaeppel. This book was released on 2008-12-22. Seasonal Stock Market Trends available in PDF, EPUB and Kindle. There is a seasonal bias to the stock market, and by paying attention to the seasonal market tendencies you can gain an edge in the stock market over the long haul. Seasonality offers a practical approach to investing and trading. What better way to learn how to employ seasonal systems than learning from Jay Kaeppel, a master in the analysis of seasonal trends? Kaeppel walks you through this phenomenon that continues to work consistently, providing you with his ultimate seasonal index to make the calendar work for you. Stock Market Seasonals provides a never-before-seen definitive guide that illustrates how to utilize a combination of four basic seasonal tendencies in order to maximize returns.
Seasonality in Momentum Profits
Seasonality in Momentum Profits - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Seasonality in Momentum Profits write by Supriya Maheshwari. This book was released on 2016. Seasonality in Momentum Profits available in PDF, EPUB and Kindle. The paper investigates Indian momentum profitability along with its performance stability round the year using the stock price data from National Stock Exchange (NSE). Results show evidence in favor of momentum profitability over the sample period from 1997 to 2013. Moreover, the momentum performance is not specific to any particular month suggesting no influence of calendar effects on momentum anomaly in the Indian stock market. Though, momentum strategies performed differently in different calendar months, with particularly strong negative returns in the month of May. However, no statistically significant difference was observed among the mean monthly momentum returns across calendar months. Contrary to the US market findings, no January or similar April seasonality is observed in the Indian momentum profits suggesting some unique characteristics of Indian momentum profitability. In nutshell, the results from the study suggest support in favor of practical implementation of momentum strategies throughout the year in the Indian stock market.
An Empirical Study on Seasonal Analysis in the Indian Stock Market
An Empirical Study on Seasonal Analysis in the Indian Stock Market - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook An Empirical Study on Seasonal Analysis in the Indian Stock Market write by Dr. P. Nageswari Sathish. This book was released on 2020. An Empirical Study on Seasonal Analysis in the Indian Stock Market available in PDF, EPUB and Kindle. The presence of the Seasonal or Monthly Effect in stock returns has been reported in several developed and emerging stock markets. This study investigates the existence of seasonality in India's stock market. The Efficient Market Hypothesis suggests that all securities are priced efficiently to fully reflect all the information intrinsic in the asset. The Seasonal Effects create higher or lower returns depending on the Time Series. They are called Anomalies because they cannot be explained by traditional asset pricing models. Examples of such patterns include e.g. the January Effect, the Day-of-the Week Effect and the Week of the Month Effect etc. Studies on the Seasonal Effects in the Indian Stock Market are limited. In an attempt to fill this gap, this study explores the Indian Stock Market's Efficiency in the 'weak form' in the context of Seasonal Effects. The objective of this paper is to explore the Seasonal Effect on the Indian Stock Market. For the purpose this analysis BSE Sensex index was chosen for a period of ten years from 1st April 2000 to 31st March 2010. The study found that the Day of the Week Effect and Monthly Effect Pattern did not appear to exist in the Indian Stock Market during the study period.
Stock Market Seasonality
Stock Market Seasonality - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Stock Market Seasonality write by Mustafa N. Gültekin. This book was released on 1983. Stock Market Seasonality available in PDF, EPUB and Kindle.
