Library of American University of Madaba

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Brändle, Alexander.

Volume Based Portfolio Strategies Analysis of the Relationship between Trading Activity and Expected Returns in the Cross-Section of Swiss Stocks / [electronic resource] : by Alexander Brändle. - XXVII, 320p. 136 illus. online resource.

Review of Studies on the Relationship between Trading Volume and Stock Returns -- Data and Methodology -- Results: Trading Volume and the Cross-Sectional Variation of Stock Returns -- Results: Time-Stability of Portfolio Returns -- Results: Economic Significance of Volume-Return Relations -- Summary and Conclusions.

Alexander Brändle investigates the relationship between different measures of trading volume and returns in the Swiss stock market. He discovers that stocks with unusual trading volume in a given month experience systematically higher subsequent returns. This abnormal volume effect is particularly strong in uncertain market situations including the 2008 downturn.

ISBN: 9783834987167

Subjects--Topical Terms:
Economics.
Banks and banking.
Economics/Management Science.
Finance /Banking.

LC Class. No.: HG1-9999 HG4501-6051 HG1501-HG3550

Dewey Class. No.: 657.8333 658.152