Stopy zwrotu a wielkość obrotow na GPW w Warszawie
- Issue date
- 2009
- Publisher
-
Oficyna Wydawnicza AFM
- Source
-
Folia Oeconomica Cracoviensia 2008-2009, Vol. XLIX-L, s. 31-45.
- ISSN
-
0071-674X
- Subjects
- Ekonomia
- Keywords
- stock exchange; returns; trading volume; dynamie relationships; giełdy; stopy zwrotu; wielkość obrotow; zależności dynamiczne
Abstract
In the paper the results of empirical investigations of dynamic relationships between extreme
trading volume and subsequent stock returns on Warsaw Stock Exchange are presented.
The event study me thodology is applied. The dynamic relationship between the financial
variables is rather weak and depends on kind and size of the stock exchange. The highvolume-
return-premium is more pronounced for small size stocks with lower liquidity levels.
Files in this item
Collections
Except where otherwise noted, this item's Creative Commons license is described as Uznanie autorstwa-Użycie niekomercyjne-Bez utworów zależnych 3.0 Polska