Abstract. Predictable variation in equity returns might reflect either (1) predictable changes in expected returns or (2) market inefficiency and. Fads, Martingales, and Market Efficiency. Bruce N. Lehmann. The Quarterly Journal of Economics, , vol. , issue 1, Abstract. CiteSeerX – Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): for helpful coments. They share no responsibiTfty for any remaining errors.

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The Overreaction Hypothesis: The Case of Ukrainian Stock Market – Munich Personal RePEc Archive

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Fads, martingales, and market efficiency

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Close mobile search navigation Article navigation. Our analysis confirms the hypothesis that after an abnormal price movement the size of contrarian price movement is usually higher then after normal typical daily fluctuation.


Fads, Martingales, and Market Efficiency

The Case of Ukrainian Stock Market. Are China’s stock markets really weak-form efficient? The Journal of Financial and Quantitative Analysis27 3p. Purchase Subscription prices and ordering Short-term Access To purchase short term access, please sign in to your Oxford Academic account above.

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