THE DAY OF THE WEEK EFFECT IN ISE

Volume: 07 Number: 13 May 1, 2007
  • Ahmet Kamil Tunçel
EN TR

THE DAY OF THE WEEK EFFECT IN ISE

Abstract

This study searches empirically whether the day of the week anomaly is in the ISE. Although several writers have examined this anomaly so far, there is not any study related the period after the last big economic crisis. First, we summarized previous studies related this anomaly. After that an empirical study was performed. For the empirical part of the study, we employed the closing values of ISE-100 for the period of Jan.1st, 2002-Jun. 30th, 2005 and for each year as sub periods. At the beginning of the study our expectation was that the investment strategies of investors became more stable in the “tranquil” period. According to our results, this expectation was extremely satisfied. In 2003, 2004 and 2005, the average returns of the days of the week found statistically insignificant. This means that, there are not significant differences among returns of the days.

Keywords

Details

Primary Language

Turkish

Subjects

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Journal Section

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Authors

Ahmet Kamil Tunçel This is me

Publication Date

May 1, 2007

Submission Date

May 1, 2007

Acceptance Date

-

Published in Issue

Year 2007 Volume: 07 Number: 13

APA
Tunçel, A. K. (2007). İMKB’DE HAFTANIN GÜNÜ ETKİSİ. Akdeniz İİBF Dergisi, 07(13), 252-265. https://izlik.org/JA82AX97RC
AMA
1.Tunçel AK. İMKB’DE HAFTANIN GÜNÜ ETKİSİ. Akdeniz İİBF Dergisi. 2007;07(13):252-265. https://izlik.org/JA82AX97RC
Chicago
Tunçel, Ahmet Kamil. 2007. “İMKB’DE HAFTANIN GÜNÜ ETKİSİ”. Akdeniz İİBF Dergisi 07 (13): 252-65. https://izlik.org/JA82AX97RC.
EndNote
Tunçel AK (May 1, 2007) İMKB’DE HAFTANIN GÜNÜ ETKİSİ. Akdeniz İİBF Dergisi 07 13 252–265.
IEEE
[1]A. K. Tunçel, “İMKB’DE HAFTANIN GÜNÜ ETKİSİ”, Akdeniz İİBF Dergisi, vol. 07, no. 13, pp. 252–265, May 2007, [Online]. Available: https://izlik.org/JA82AX97RC
ISNAD
Tunçel, Ahmet Kamil. “İMKB’DE HAFTANIN GÜNÜ ETKİSİ”. Akdeniz İİBF Dergisi 07/13 (May 1, 2007): 252-265. https://izlik.org/JA82AX97RC.
JAMA
1.Tunçel AK. İMKB’DE HAFTANIN GÜNÜ ETKİSİ. Akdeniz İİBF Dergisi. 2007;07:252–265.
MLA
Tunçel, Ahmet Kamil. “İMKB’DE HAFTANIN GÜNÜ ETKİSİ”. Akdeniz İİBF Dergisi, vol. 07, no. 13, May 2007, pp. 252-65, https://izlik.org/JA82AX97RC.
Vancouver
1.Ahmet Kamil Tunçel. İMKB’DE HAFTANIN GÜNÜ ETKİSİ. Akdeniz İİBF Dergisi [Internet]. 2007 May 1;07(13):252-65. Available from: https://izlik.org/JA82AX97RC