| Call No. |
Research Topics |
| Call No: |
Gm. 1/1206
|
| Description |
1 PDF (80 pages) |
| Content Type |
text |
| Media Type |
computer |
| Carrier Type |
online resource |
| Description |
text file PDF KB rda |
| Thesis |
MS/DEA Holy Spirit University of Kaslik (USEK) 2009. |
| Note |
Field of study: Financial Markets. |
|
Department: Department of Business and Commercial Sciences. |
|
Advisor: Jassem Ajaka. |
| Bibliography |
Includes bibliographical references (page 80). |
| Note |
Available online via USEK Digital Gate. |
| Summary |
Assuming that the “day’s top percent-gainers” and “day’s top percent-losers” hold in their large advance or decline an overreaction to a certain stimulus, this research aims at checking for profit opportunities from investing in these stocks and waiting for the correction of the price. To do this, top losers were bought and top gainers were short sold. Positions were held for different time periods before they were closed and returns were measured and compared to the return on the market. For the period studied, the research has found significant extra return than the market if we short sell the top ten percent-gaining stocks, and hold them for a period of one to five days. Furthermore, it is beneficial to hold the positions for a two-day period and a four-day period. |
| Subject |
Holy Spirit University of Kaslik (USEK) -- Dissertations, Academic
|
| Genre/Form |
Dissertations, Academic -- Financial Markets -- Business Holy Spirit University of Kaslik (USEK)
|
| Indexed Term |
Contrarian Strategy |
|
Momentum Strategy |
|
Market Index |
|
Top Gainers |
|
Bottom Gainers |
| Added Author |
Ajaka, Jassem, Supervisor.
|
|
Holy Spirit University of Kaslik (Lebanon). Faculty of Business and Commercial Sciences, degree granting institution.
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