KALENDARSKI UČINCI U PRINOSIMA DIONICA
Unatoč popularnosti hipoteze efikasnog tržišta, od njenog samog nastanka javljaju se radovi koji pronalaze različite anomalije u prinosima dionica koje ta hipoteza ne može objasniti. Kalendarske anomalije, odnosno učinci, izuzetno su popularni i zanimljivi u inozemnim istraživanjima, kako za razvije...
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fthrcak:oai:hrcak.srce.hr:93448 2023-05-15T18:12:54+02:00 KALENDARSKI UČINCI U PRINOSIMA DIONICA THE CALENDAR EFFECTS ON STOCK RETURNS Škrinjarić, Tihana 2012-12-01 pdf http://hrcak.srce.hr/93448 http://hrcak.srce.hr/file/137556 hr hrv Croatian Economic Association c/o Institute of Economics, Zagreb http://hrcak.srce.hr/93448 http://hrcak.srce.hr/file/137556 The papers can be used for personal, scientific and educational purposes, provided that he credit is given. Economic Review (dkunstek@eizg.hr); Vol.83 No.11 kalendarski učinci učinak siječnja učinak dana u tjednu hipoteza efikasnog tržišta tržišta kapitala calendar effects January effect day-of-the-week effect Efficient Market Hypothesis capital markets text 2012 fthrcak 2012-12-13T00:32:04Z Unatoč popularnosti hipoteze efikasnog tržišta, od njenog samog nastanka javljaju se radovi koji pronalaze različite anomalije u prinosima dionica koje ta hipoteza ne može objasniti. Kalendarske anomalije, odnosno učinci, izuzetno su popularni i zanimljivi u inozemnim istraživanjima, kako za razvijena tržišta, tako i za ona u razvoju. Ovaj rad daje sustava pregled definicija i dosadašnjih empirijskih istraživanja kalendarskih učinaka kako bi domaći investitori i ostali zainteresirani imati sažet uvid u iste. Na taj način i sami mogu provesti empirijska testiranja na hrvatsko tržište kapitala, koja su do sada ostala oskudna, i formirati trgovinske strategije kojima mogu pokušati pobijediti tržište. The Efficient Market Hypothesis (EMH) has been very popular since its formation. Nevertheless, over the years there have been arising some papers which have proved the existence of various anomalies in stock returns, which could not be explained by EHM. Calendar anomalies (effects) are one of the above mentioned anomalies, and they are very interesting to research, not only in developed markets, but also on emerging ones. This paper gives a systematic overview of definitions and previous empirical research of calendar effects. In that way investors can gain a concise insight into them. Some previous research of Zagreb Stock Exchange on these issues has been scarce. This paper should help investors to empirically evaluate various effects on the Croatian stock market in order to form trading strategies with the goal of beating the market. Text sami Hrčak - Portal of scientific journals of Croatia |
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Hrčak - Portal of scientific journals of Croatia |
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language |
Croatian |
topic |
kalendarski učinci učinak siječnja učinak dana u tjednu hipoteza efikasnog tržišta tržišta kapitala calendar effects January effect day-of-the-week effect Efficient Market Hypothesis capital markets |
spellingShingle |
kalendarski učinci učinak siječnja učinak dana u tjednu hipoteza efikasnog tržišta tržišta kapitala calendar effects January effect day-of-the-week effect Efficient Market Hypothesis capital markets Škrinjarić, Tihana KALENDARSKI UČINCI U PRINOSIMA DIONICA |
topic_facet |
kalendarski učinci učinak siječnja učinak dana u tjednu hipoteza efikasnog tržišta tržišta kapitala calendar effects January effect day-of-the-week effect Efficient Market Hypothesis capital markets |
description |
Unatoč popularnosti hipoteze efikasnog tržišta, od njenog samog nastanka javljaju se radovi koji pronalaze različite anomalije u prinosima dionica koje ta hipoteza ne može objasniti. Kalendarske anomalije, odnosno učinci, izuzetno su popularni i zanimljivi u inozemnim istraživanjima, kako za razvijena tržišta, tako i za ona u razvoju. Ovaj rad daje sustava pregled definicija i dosadašnjih empirijskih istraživanja kalendarskih učinaka kako bi domaći investitori i ostali zainteresirani imati sažet uvid u iste. Na taj način i sami mogu provesti empirijska testiranja na hrvatsko tržište kapitala, koja su do sada ostala oskudna, i formirati trgovinske strategije kojima mogu pokušati pobijediti tržište. The Efficient Market Hypothesis (EMH) has been very popular since its formation. Nevertheless, over the years there have been arising some papers which have proved the existence of various anomalies in stock returns, which could not be explained by EHM. Calendar anomalies (effects) are one of the above mentioned anomalies, and they are very interesting to research, not only in developed markets, but also on emerging ones. This paper gives a systematic overview of definitions and previous empirical research of calendar effects. In that way investors can gain a concise insight into them. Some previous research of Zagreb Stock Exchange on these issues has been scarce. This paper should help investors to empirically evaluate various effects on the Croatian stock market in order to form trading strategies with the goal of beating the market. |
format |
Text |
author |
Škrinjarić, Tihana |
author_facet |
Škrinjarić, Tihana |
author_sort |
Škrinjarić, Tihana |
title |
KALENDARSKI UČINCI U PRINOSIMA DIONICA |
title_short |
KALENDARSKI UČINCI U PRINOSIMA DIONICA |
title_full |
KALENDARSKI UČINCI U PRINOSIMA DIONICA |
title_fullStr |
KALENDARSKI UČINCI U PRINOSIMA DIONICA |
title_full_unstemmed |
KALENDARSKI UČINCI U PRINOSIMA DIONICA |
title_sort |
kalendarski učinci u prinosima dionica |
publisher |
Croatian Economic Association c/o Institute of Economics, Zagreb |
publishDate |
2012 |
url |
http://hrcak.srce.hr/93448 http://hrcak.srce.hr/file/137556 |
genre |
sami |
genre_facet |
sami |
op_source |
Economic Review (dkunstek@eizg.hr); Vol.83 No.11 |
op_relation |
http://hrcak.srce.hr/93448 http://hrcak.srce.hr/file/137556 |
op_rights |
The papers can be used for personal, scientific and educational purposes, provided that he credit is given. |
_version_ |
1766185384915501056 |