• About
  • Policies
  • What is openaccess
  • Library
  • Contact
Advanced search
      View Item 
      •   BUIR Home
      • University Library
      • Bilkent Theses
      • Theses - Department of Management
      • Dept. of Management - Master's degree
      • View Item
      •   BUIR Home
      • University Library
      • Bilkent Theses
      • Theses - Department of Management
      • Dept. of Management - Master's degree
      • View Item
      JavaScript is disabled for your browser. Some features of this site may not work without it.

      An investigation of anomalies at Istanbul Securities Exchange : winner-loser effect

      Thumbnail
      View / Download
      2.1 Mb
      Author
      Sayın, Gürkan
      Advisor
      Aydoğan, Kürşat
      Date
      1993
      Publisher
      Bilkent University
      Language
      English
      Type
      Thesis
      Item Usage Stats
      82
      views
      31
      downloads
      Abstract
      In this study , the presence of winner -1 oser effect in Istanbul Stock Exchange is investigated. Tests are done for the period of January .1988 - December 1992. Past performance is used to form the " Winner " and "Loser" portfolios pri or to the lest period. Duration for past performance measure ments change from 1 month to 48 months.Test periods change from 3 months to 36 months. The results show that, in the first month of the test period, loser portfolio outperforms the winner p o r t f o l i o . This ef f ect is e m p h a s i z e d if the first mont h of the lest period is January. The above results carry similarities with the empirical results obtained from slock markets of USA and Japan.
      Keywords
      Winner-Loser Effect
      Past performance
      Test period
      Permalink
      http://hdl.handle.net/11693/17528
      Collections
      • Dept. of Management - Master's degree 295
      Show full item record

      Browse

      All of BUIRCommunities & CollectionsTitlesAuthorsAdvisorsBy Issue DateKeywordsTypeDepartmentsThis CollectionTitlesAuthorsAdvisorsBy Issue DateKeywordsTypeDepartments

      My Account

      Login

      Statistics

      View Usage StatisticsView Google Analytics Statistics

      Bilkent University

      If you have trouble accessing this page and need to request an alternate format, contact the site administrator. Phone: (312) 290 1771
      Copyright © Bilkent University - Library IT

      Contact Us | Send Feedback | Off-Campus Access | Admin | Privacy