Testing the robustness of moving average distance in the ASEAN stock markets

• المؤلفون الرئيسيون: Cerdena, Ma. Rica, Romero-Salas, Santiago Miguel Luna, Simmons, David Moldez
• التنسيق: text
• اللغة: English
• منشور في: Animo Repository 2022
• الموضوعات: Stock exchanges—Southeast Asia; Finance and Financial Management
• الوصول للمادة أونلاين: https://animorepository.dlsu.edu.ph/etdb_econ/53; https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1064&context=etdb_econ
• المؤسسة: De La Salle University

Several researches have provided empirical evidence that moving average distance (MAD) can be used in predicting equity returns focusing on developed markets. These ultimately challenge the proposition of the efficient market hypothesis (EMH) theory that historical prices cannot be used to create a...