Question
hi tutor can you write detailed explanations to these? thank you :) Provide a single plausible explanation for positive autocorrelation in stock returns over short
hi tutor
can you write detailed explanations to these?
thank you :)
Provide a single plausible explanation for positive autocorrelation in stock returns over short time horizons (the 'momentum effect') and negative autocorrelation over longer
time horizons (the 'over-reaction' or 'mean reversion' effect).
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International Financial Management
Authors: Cheol Eun, Bruce G. Resnick
8th edition
125971778X, 978-1259717789
