This paper conducts a review of the literature on the price–volume relationship and its
relation with the implications of the adaptive market hypothesis. The literature on market …

This paper investigates the implications of the Adaptive Market Hypothesis (AMH) by
studying the nature of cross-correlation between price and volume and assesses whether …

This paper revisits the relationship between market returns and trading volume in a time-
frequency domain using a wavelet-based vector autoregression approach. Over 15 years of …

This paper provides a systematic review of the weak‐form market efficiency literature that
examines return predictability from past price changes, with an exclusive focus on the stock …

Purpose This study aims to provide one of the first empirical investigations of market
efficiency for developed markets during the recent global financial crisis …

The Efficient Market Hypothesis (EMH) has been widely studied in the literature, however
there remains no consensus among academics whether markets are efficient or not …

Using daily stock return data for individual stocks from an emerging economy, this article
examines the relationship between return volatility and trading volume under the theoretical …

This paper examines the relationship between the abnormal change in trading volume of
both individual stocks and portfolios and short-term price autoregressive behavior in the …

This paper empirically examines the issue of market efficiency and time-varying risk return
relationship for Bangladesh, an emerging equity market in South Asia. The study utilizes a …

Purpose The purpose of this paper is to boost the existing literature on adaptive market
hypothesis (AMH) as it first time links predictability of gold, silver and metal returns with AMH …