مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Persian Verion

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

video

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

sound

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Persian Version

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

View:

612
مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Download:

0
مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Cites:

Information Journal Paper

Title

Momentum Strategies and Investors` Sentiment in the Real Estate Investment Companies Listed in Stock Exchange

Pages

  167-188

Abstract

 The purpose of this paper is to study the three Momentum Strategies based on a sample of the Real Estate Investment Companies. The profitability of the momentum strategy has been extensively investigated in several financial markets, including foreign currency, commodity, corporate bond, American depositary receipts, residential real estate and Real Estate Investment Trust markets. The momentum premium that involves buying past winner stocks and short selling past loser stocks is one of the most pronounced and prevalent anomalies documented in asset-pricing literature. The sample consists of six companies listed in Tehran stock exchange from April 2011 to March. Comparing across three momentum measures, it was empirically found that the residual momentum strategy plays a dominant role in generating momentum profits. The profitability of these strategies, however, varies with the state of the investor sentiment. Specifically, it was found that the price momentum and the 52-week high momentum earn significantly positive returns following optimistic period.

Cites

  • No record.
  • References

  • No record.
  • Cite

    APA: Copy

    NOROUZI, HOSSEIN, & KHALILI ARAGHI, MARYAM. (2018). Momentum Strategies and Investors` Sentiment in the Real Estate Investment Companies Listed in Stock Exchange. JOURNAL OF FINANCIAL MANAGEMENT STRATEGY, 6(3 (22)), 167-188. SID. https://sid.ir/paper/261629/en

    Vancouver: Copy

    NOROUZI HOSSEIN, KHALILI ARAGHI MARYAM. Momentum Strategies and Investors` Sentiment in the Real Estate Investment Companies Listed in Stock Exchange. JOURNAL OF FINANCIAL MANAGEMENT STRATEGY[Internet]. 2018;6(3 (22)):167-188. Available from: https://sid.ir/paper/261629/en

    IEEE: Copy

    HOSSEIN NOROUZI, and MARYAM KHALILI ARAGHI, “Momentum Strategies and Investors` Sentiment in the Real Estate Investment Companies Listed in Stock Exchange,” JOURNAL OF FINANCIAL MANAGEMENT STRATEGY, vol. 6, no. 3 (22), pp. 167–188, 2018, [Online]. Available: https://sid.ir/paper/261629/en

    Related Journal Papers

    Related Seminar Papers

  • No record.
  • Related Plans

  • No record.
  • Recommended Workshops






    Move to top
    telegram sharing button
    whatsapp sharing button
    linkedin sharing button
    twitter sharing button
    email sharing button
    email sharing button
    email sharing button
    sharethis sharing button