EN
Trading Volume Levels and Stock Returns: Empirical Behavioral Analysis
Öz
The objective of this paper is to provide an empirical behavioral analysis of the relationship between the trading volume and the future evolution of stock returns. This subject has been examined empirically on the European financial market during 2000-2010. Our empiric findings suggest monotonous relationships between the trading volumes and the schemas of price evolution in terms of the continuity/reversal of prices that vary amongst the trading volume levels as well as amongst the winning and losing shares. Excess volume is thus more dependent on “momentum” profits for loser portfolios and on “contrarian” profits for winner portfolios.
Anahtar Kelimeler
Ayrıntılar
Birincil Dil
İngilizce
Konular
-
Bölüm
-
Yayımlanma Tarihi
1 Eylül 2017
Gönderilme Tarihi
1 Eylül 2017
Kabul Tarihi
-
Yayımlandığı Sayı
Yıl 2017 Cilt: 7 Sayı: 3
APA
Moatemri, O., & El-bori, A. (2017). Trading Volume Levels and Stock Returns: Empirical Behavioral Analysis. International Journal of Economics and Financial Issues, 7(3), 632-638. https://izlik.org/JA28FA47KW
AMA
1.Moatemri O, El-bori A. Trading Volume Levels and Stock Returns: Empirical Behavioral Analysis. IJEFI. 2017;7(3):632-638. https://izlik.org/JA28FA47KW
Chicago
Moatemri, Ouarda, ve Abdelfeteh El-bori. 2017. “Trading Volume Levels and Stock Returns: Empirical Behavioral Analysis”. International Journal of Economics and Financial Issues 7 (3): 632-38. https://izlik.org/JA28FA47KW.
EndNote
Moatemri O, El-bori A (01 Eylül 2017) Trading Volume Levels and Stock Returns: Empirical Behavioral Analysis. International Journal of Economics and Financial Issues 7 3 632–638.
IEEE
[1]O. Moatemri ve A. El-bori, “Trading Volume Levels and Stock Returns: Empirical Behavioral Analysis”, IJEFI, c. 7, sy 3, ss. 632–638, Eyl. 2017, [çevrimiçi]. Erişim adresi: https://izlik.org/JA28FA47KW
ISNAD
Moatemri, Ouarda - El-bori, Abdelfeteh. “Trading Volume Levels and Stock Returns: Empirical Behavioral Analysis”. International Journal of Economics and Financial Issues 7/3 (01 Eylül 2017): 632-638. https://izlik.org/JA28FA47KW.
JAMA
1.Moatemri O, El-bori A. Trading Volume Levels and Stock Returns: Empirical Behavioral Analysis. IJEFI. 2017;7:632–638.
MLA
Moatemri, Ouarda, ve Abdelfeteh El-bori. “Trading Volume Levels and Stock Returns: Empirical Behavioral Analysis”. International Journal of Economics and Financial Issues, c. 7, sy 3, Eylül 2017, ss. 632-8, https://izlik.org/JA28FA47KW.
Vancouver
1.Ouarda Moatemri, Abdelfeteh El-bori. Trading Volume Levels and Stock Returns: Empirical Behavioral Analysis. IJEFI [Internet]. 01 Eylül 2017;7(3):632-8. Erişim adresi: https://izlik.org/JA28FA47KW