Williams Indicator and the Cross-section of Stock Returns in the Taiwan Market
碩士 === 國立高雄大學 === 金融管理學系碩士班 === 102 === This paper uses Williams indicator which can differentiate the level of current price far from historical highest to capture the psychological biases of investors. By constructing long-short portfolios, we find that Williams indicator can predict the cross-sec...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2014
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| Online Access: | http://ndltd.ncl.edu.tw/handle/6956ph |