Are Stock-Market Anomalies Anomalous After All?

2021 ◽  
Author(s):  
George Chalamandaris ◽  
Kuntara Pukthuanthong ◽  
Nikolas Topaloglou
Keyword(s):  
Stock Market ◽  
Market Anomalies ◽  
Stock Market Anomalies

Stock market anomalies in ASEAN+6 countries

2021 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Surachai Chancharat ◽  
Nuttida Thongrak ◽  
Suthasinee Suwannapak
Keyword(s):  
Stock Market ◽  
Market Anomalies ◽  
Stock Market Anomalies

Sticky Expectations and Stock Market Anomalies

2016 ◽  
Author(s):  
Jean-Philippe Bouchaud ◽  
Philipp Krueger ◽  
Augustin Landier ◽  
David Thesmar
Keyword(s):  
Stock Market ◽  
Market Anomalies ◽  
Stock Market Anomalies

Norwegian Stock Market Anomalies

Beta ◽  
2008 ◽  
Vol 22 (01) ◽  
pp. 1-21
Author(s):  
Jørgen K. Sæbø
Keyword(s):  
Stock Market ◽  
Market Anomalies ◽  
Stock Market Anomalies

Stock Market Anomalies

2017 ◽  
Author(s):  
Steve Fan ◽  
Linda Yu
Keyword(s):  
Stock Market ◽  
Stock Returns ◽  
Financial Economic ◽  
Economic Research ◽  
Market Anomalies ◽  
Cross Sectional ◽  
Additional Risk ◽  
Asset Pricing Models ◽  
Stock Market Anomalies

Stock market anomalies representing the predictability of cross-sectional stock returns are one of most controversial topics in financial economic research. This chapter reviews several well-documented and pervasive anomalies in the literature, including investment-related anomalies, value anomalies, momentum and long-term reversal, size, and accruals. Although anomalies are widely accepted, much disagreement exists on the underlying reasons for their predictability. This chapter surveys two competing theories that attempt to explain the presence of stock market anomalies: rational and behavioral. The rational explanation focuses on the improvement of the existing asset pricing models and/or searching for additional risk factors to explain the existence of anomalies. By contrast, the behavioral explanation attributes the predictability to human behavioral biases in collecting and processing financial information, as well as in making investment decisions.

Sign in / Sign up

Export Citation Format

Share Document