Temporary Inefficiency of Financial Markets
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F12%3APU99760" target="_blank" >RIV/00216305:26510/12:PU99760 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Temporary Inefficiency of Financial Markets
Original language description
The aim of the paper is not to prove or disprove a long-standing efficient market hypothesis (EMH) but to point out specific market situations leading to temporary inefficiency of financial markets. The paper focuses on FOREX market, in particular on theworld financial instrument EUR.USD with the highest liquidity. A hypothesis has been proved claiming that in certain situations market can be inefficient, which leads to external profit for speculators using the lever effect to maximize profits. A simple running average and the difference between its two periods have been used in order to quantify the market anomaly.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Innovation and Sustainable Economic Competitive Advantage From Regional Development to World Economies
ISBN
978-0-9821489-7-6
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
1272-1279
Publisher name
IBIMA publishing
Place of publication
Istambul
Event location
Istanbul
Event date
May 9, 2012
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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