On the existence of calendar anomalies and persistence in the daily returns of the PSEi

• Main Author: Carpio, Kristine Joy E.
• Format: text
• Published: Animo Repository 2018
• Subjects: Stock exchanges > Philippines; Markov processes; Finance and Financial Management; Statistics and Probability
• Online Access: https://animorepository.dlsu.edu.ph/faculty_research/368
• Institution: De La Salle University

The future of the stock market may never be predicted consistently, nor its past behavior understood entirely, but any knowledge gained from observing it could help decide on a sound investment strategy. In this study, I looked at the daily returns of the Philippine Stock Exchange index (PSEi) from...