Lunar effect on stock returns and volatility: An empirical study of Islamic countries

NL MOHAMED YOUSOP… - The Journal of Asian …, 2021 - koreascience.kr
The main objective of this article is to investigate the existence of the lunar effect during the
full moon period (FM period) and the new moon period (NM period) on the selected Islamic …

[PDF][PDF] Day-of-the-week effect in Nigerian stock exchange: adaptive market hypothesis approach

AO Adaramola, KO Adekanmbi - … & Financial Innovations, 2020 - businessperspectives.org
The problems that this study informed are rooted in the uncertainty surrounding the
presence of calendar anomalies in the Nigerian stock market and the need to ascertain …

Pengaruh siklus bulan terhadap abnormal return saham dengan day effect sebagai variabel pemoderasi

DS Dharma, S Supramono… - Jurnal Riset Ekonomi dan …, 2024 - journals.usm.ac.id
Tujuan dari penelitian ini untuk mengetahui perbedaan abnormal return saham yang terjadi
pada peristiwa siklus bulan pada saham-saham IDX 30 dengan day effect sebagai …

[PDF][PDF] Adaptive market hypothesis and calendar anomalies in selected African stock markets.

AA Obalade - 2019 - core.ac.uk
It takes a theory to beat a theory. However, whether the adaptive market hypothesis (AMH)
offers better explanations for stock return behaviour than the popular efficient market …

On the Rationality of Investors–Lunar Phases and Equity Returns in Poland

J Lizińska - Finanse, Rynki Finansowe, Ubezpieczenia, 2017 - ceeol.com
Purpose–The paper examines the popular belief that the cycles of the moon affect human
moods, which is then reflected in investor behaviour. Hence, the relation between lunar …

[PDF][PDF] The moon and the Thai stock markets

MRW KYAWTHAN, K Bhundarak - 2020 - ethesisarchive.library.tu.ac.th
This study investigated the lunar effect on Thailand's financial market using date on Thai
Lunar Calendar and Gregorian Lunar Calendar over the period between 4 September 1998 …