Efektywność informacyjna Giełdy Papierów Wartościowych w Warszawie
Effectiveness of information on the Warsaw Stock Exchange
Author(s): Krzysztof KowalkeSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: market efficiency; market anomaly; capital market
Summary/Abstract: The theory of the efficiency of the capital market is one of the basic theories related to the capital markets. This theory is controversial and provokes discussions among investors and researchers. The main reason for this are the results of the analysis confirming the occurrence of anomalies. One of these anomalitie is the phenomenon known as regression to the mean share prices. The aim of this article is to examine the regression to the mean share price on the Polish stock exchange.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2014
- Issue No: 371
- Page Range: 177-187
- Page Count: 11