DSpace Repository

Market anomalies and investor behaviour

Show simple item record

dc.contributor.author Sharma, Aditya
dc.contributor.author Kumar, Arya
dc.date.accessioned 2024-11-16T05:07:48Z
dc.date.available 2024-11-16T05:07:48Z
dc.date.issued 2022
dc.identifier.uri https://www.inderscience.com/offers.php?id=121768
dc.identifier.uri http://dspace.bits-pilani.ac.in:8080/jspui/handle/123456789/16395
dc.description.abstract Market anomalies hint at inefficiency of stock markets. The research on the root cause of market anomalies points from time to time towards investor behaviour. The paper contributes to the research through investigation of the existence and probable source of three key anomalies in Indian stock markets, namely: momentum, size and value anomaly. The paper adopts Jegadeesh and Titman's methodology for finding the existence and Du and Watkin's decomposition technique for exploration of sources. The paper develops different strategies in order to calculate excess returns utilising these anomalies and decomposes the obtained profit to test for the sources. The results obtained point towards multiple sources indicating the role of investor behaviour along with the risk factors as the underlying cause. The overall contribution of the paper is highlighting the inefficiency in Indian stock markets while also pointing towards a certain influence of investor behaviour in Indian equity markets. en_US
dc.language.iso en en_US
dc.publisher Inder Science en_US
dc.subject Economics en_US
dc.subject Market anomalies en_US
dc.subject Equity markets en_US
dc.title Market anomalies and investor behaviour en_US
dc.type Article en_US


Files in this item

Files Size Format View

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record

Search DSpace


Advanced Search

Browse

My Account