About this document
Understanding Market Anomalies in Finance by akwoviah is a document available to read on EtoBox.
The document discusses market pricing anomalies and behavioral finance explanations for anomalies. It describes several categories of anomalies, including time-series anomalies like calendar and momentum effects, and cross-sectional anomalies like the size and value effects. Behavioral factors that may explain anomalies are also outlined, such as loss aversion, overconfidence, and the disposition effect whereby investors hold losing investments too long and sell winners too soon. The document suggests that
- Author
- akwoviah
- Language
- EN