Impact of the January Effect on Return Rates in the Markets of the 2004 EU Enlargement
Journal Title: Journal of Management and Business Administration. Central Europe - Year 2018, Vol 26, Issue 1
Abstract
Purpose: The article presents the results of a study conducted for the January effect. This anomaly is best recognized in the capital markets. In this case, we fnd explanation of its appearance based on both fundamental analysis and heuristics used by investors. The research focuses on the markets of the European Union enlargement countries of 2004. There are three hypotheses stated in the article: Hypothesis 1: The January Effect occurs in the analyzed markets. Hypothesis 2: The January Effect weakens over time. Hypothesis 3: The January Effect weakens with the development of a market.
Authors and Affiliations
Błażej Podgórski
Keywords
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- EP ID EP271535
- DOI 10.7206/jmba.ce.2450-7814.218
- Views 166
- Downloads 0
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