Investor types' trading around the short-termreversal pattern

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F22%3A10416777" target="_blank" >RIV/00216208:11230/22:10416777 - isvavai.cz</a>
Result on the web
<a href="https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=ljMMhG8zwa" target="_blank" >https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=ljMMhG8zwa</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1002/ijfe.2291" target="_blank" >10.1002/ijfe.2291</a>

Result language
angličtina
Original language name
Investor types' trading around the short-termreversal pattern
Original language description
Using exact and complete Korean data of investor trading, we provide an anatomy of investor types' trading throughout the short-horizon overshooting-and-reversal pattern in stock returns. We document two forms of non-optimal trading behaviour associated with the pattern: First, institutional investors' chasing of return shocks at the overshooting point, particularly in the large-cap segment. Second, individual investors' buying of winner stocks in the small-cap segment, consistent with an attention-driven speculative buying bias.
Czech name
—
Czech description
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Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50201 - Economic Theory

Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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