Revisiting the weak-form efficiency of the australian stock market

Yazarlar :

Tong Tong , Bin Li , Omar Benkato ,

Yazar kurumları :

Griffith Business School, Griffith University, Nathan, QLD 4111, Australia¹, Department of Accounting, Finance and Economics, Griffith University, Nathan, Queensland 4111, Australia<

Görüntülenme :

774

DOI :

Özet Türkçe :

We use recent daily data and several testing procedures to re-investigate the weak-form efficiency of the Australian stock of the top 50 companies across different industries. Contrary to most prior studies, our results suggest that the Australian market is weak-form efficient with little or no evidence for short-term return predictability.

Anahtar kelimeler :

Corporate Ownership and Control

Revisiting the weak-form efficiency of the australian stock market

Australian Stock Market ,

Weak-Form Market Efficiency ,

Short-Term Predictability ,

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