Security market research generally concludes that the returns on stocks with high price-to-earnings ratios, called growth stocks, often lag those with low P/E ratios, called value stocks. The author analyzes the future returns on a set of highly capitalized growth stocks in the early 1970s, ...
The study has used the daily closing price of the Nifty fiftystocks from 3rdJanuary 2011 to 24thApril 2015. To test the weak form efficiency both parametric and non-parametric tests called Autocorrelation, Augmented Dicky Fuller test, and Runs Test were performed. The study reveals that 39 ...
Surge in bank shares fuels rise in new mutual fund. (Pasadena Nifty-Fifty Fund)(Stocks)Surge in Bank Shares Fuels Rise in New Mutual Fund This year's surge in bank stocks has helped...Matthews, Gordon
The study reveals that 39 stocks of NSE-Nifty Fifty are found to be weak form inefficient, so that the investors can formulate trading strategies to gain abnormal returns. The Index and 10 stocks are found to be weak form efficient during the study period since the price series found to be...