Momentum investing with moving averages in the U.S. stock market
Momentum phenomenon has been one of the hardest market anomaly to be explained by the efficient market hypothesis and the risk based theories. The more recent behavioral theories offer much better explanations for this phenomenon. It is suggested that the investor’s over- and underreaction is the ke...
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| Format: | Dissertation |
| Language: | English |
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University of Oulu
2016
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| Online Access: | http://urn.fi/URN:NBN:fi:oulu-201605121716 http://nbn-resolving.de/urn:nbn:fi:oulu-201605121716 |