Refinement of contrarian strategy Empirical study of Taiwan Stock Exchange Market
碩士 === 國立中正大學 === 會計學研究所 === 93 === These papers examine the possibility of improving the performance of contraian strategy based on relative industrial index performance, trading volume, and foreign traders trading direction. Our result shows that our industrial refinement works specifically for...
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| Format: | Others |
| Language: | en_US |
| Published: |
2004
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| Online Access: | http://ndltd.ncl.edu.tw/handle/08211404581006847241 |
| Summary: | 碩士 === 國立中正大學 === 會計學研究所 === 93 === These papers examine the possibility of improving the performance of contraian strategy based on relative industrial index performance, trading volume, and foreign traders trading direction. Our result shows that our industrial refinement works specifically for our winning stock in losing industry. With regard to trading volume, we find that winning stock with extreme volumes set also incur price reversal. Finally, we do not find a systematic pattern regarding to foreign traders trading direction with contrarian.
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