Does the MAX effect exist in the Philippine stock market?

• المؤلف الرئيسي: Ko, Kino Denzel
• التنسيق: text
• اللغة: English
• منشور في: Animo Repository 2023
• الموضوعات: Stocks—Philippines—Rate of return; Stocks—Philippines; Finance
• الوصول للمادة أونلاين: https://animorepository.dlsu.edu.ph/etdb_econ/57; https://animorepository.dlsu.edu.ph/context/etdb_econ/article/1067/viewcontent/Does_the_MAX_Effect_Exist_in_the_Philippine_Stock_Market3.pdf
• المؤسسة: De La Salle University

This study explores the MAX effect in the Philippine Stock Market and found strong evidence for the existence of the MAX effect in the Philippine Stock Market, as demonstrated by the consistent underperformance of high-MAX stocks relative to low-MAX stocks. This finding persists even after controlli...