Does the MAX effect exist in the Philippine stock market?

• 主要作者: Ko, Kino Denzel
• 格式: text
• 語言: English
• 出版: Animo Repository 2023
• 主題: Stocks—Philippines—Rate of return; Stocks—Philippines; Finance
• 在線閱讀: 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

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...