An investigation of anomalies at Istanbul Securities Exchange : winner-loser effect
| buir.advisor | Aydoğan, Kürşat | |
| dc.contributor.author | Sayın, Gürkan | |
| dc.date.accessioned | 2016-01-08T20:11:05Z | |
| dc.date.available | 2016-01-08T20:11:05Z | |
| dc.date.issued | 1993 | |
| dc.department | Department of Management | en_US |
| dc.description | Ankara : The Faculty of Management and Graduate School of Business Administration of Bilkent Univ., 1993. | en_US |
| dc.description | Thesis (Master's) -- İhsan Doğramacı Bilkent University, 1993. | en_US |
| dc.description | Includes bibliographical references (leaves 27-28). | en_US |
| dc.description.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. | en_US |
| dc.description.degree | M.B.A | en_US |
| dc.description.provenance | Made available in DSpace on 2016-01-08T20:11:05Z (GMT). No. of bitstreams: 1 1.pdf: 78510 bytes, checksum: d85492f20c2362aa2bcf4aad49380397 (MD5) | en |
| dc.description.statementofresponsibility | Sayın, Gürkan | en_US |
| dc.format.extent | v, 50 leaves | en_US |
| dc.identifier.uri | http://hdl.handle.net/11693/17528 | |
| dc.language.iso | English | en_US |
| dc.publisher | Bilkent University | en_US |
| dc.rights | info:eu-repo/semantics/openAccess | en_US |
| dc.subject | Winner-Loser Effect | en_US |
| dc.subject | Past performance | en_US |
| dc.subject | Test period | en_US |
| dc.subject.lcc | HG5706.5.I88 S29 1993 | en_US |
| dc.subject.lcsh | Stock exchanges--Turkey. | en_US |
| dc.title | An investigation of anomalies at Istanbul Securities Exchange : winner-loser effect | en_US |
| dc.type | Thesis | en_US |
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