Testing the robustness of moving average distance in the ASEAN stock markets
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...
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Main Authors: | Cerdena, Ma. Rica, Romero-Salas, Santiago Miguel Luna, Simmons, David Moldez |
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Format: | text |
Language: | English |
Published: |
Animo Repository
2022
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Subjects: | |
Online Access: | https://animorepository.dlsu.edu.ph/etdb_econ/53 https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=1064&context=etdb_econ |
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Institution: | De La Salle University |
Language: | English |
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