The Relation between the Short Interest of ETF and its Subsequent Performance

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F14%3A00085182" target="_blank" >RIV/00216224:14560/14:00085182 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The Relation between the Short Interest of ETF and its Subsequent Performance

Popis výsledku v původním jazyce

The aim of this paper is to investigate the relation between the level of short sale with ETFs and the subsequent performance of these products. Theoretically, there are two approaches for analysing of this problem. The representatives of the older approach consider that the increasing level of the short sale is an indicator of the bearish market and overall bearish sentiment in the market. That is also reason why short sale was limited for several times in the history as a market practice. Technical analysts, who consider growing short sale level as an indicator of the bullish market, represent the other attitude. Since all open positions must be closed in the future and then the instruments must be bought in the future. Thus, the short sale represents potential demand in the short future. The investigation is carried out in four markets in the period 2000 - 2012. The impact of the short sale level on the subsequent performance is investigated in the following 1, 3 and 6 month's perio

Název v anglickém jazyce

The Relation between the Short Interest of ETF and its Subsequent Performance

Popis výsledku anglicky

The aim of this paper is to investigate the relation between the level of short sale with ETFs and the subsequent performance of these products. Theoretically, there are two approaches for analysing of this problem. The representatives of the older approach consider that the increasing level of the short sale is an indicator of the bearish market and overall bearish sentiment in the market. That is also reason why short sale was limited for several times in the history as a market practice. Technical analysts, who consider growing short sale level as an indicator of the bullish market, represent the other attitude. Since all open positions must be closed in the future and then the instruments must be bought in the future. Thus, the short sale represents potential demand in the short future. The investigation is carried out in four markets in the period 2000 - 2012. The impact of the short sale level on the subsequent performance is investigated in the following 1, 3 and 6 month's perio

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach<br>I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2014

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

ROLE OF FINANCIAL SECTOR IN SUPPORTING THE ECONOMIC RECOVERY OF CEE COUNTRIES, 8TH INTERNATIONAL CONFERENCE ON CURRENCY, BANKING AND INTERNATIONAL FINANCE

ISBN

9788022540346

ISSN

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e-ISSN

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Počet stran výsledku

10

Strana od-do

233-242

Název nakladatele

EKONOM

Místo vydání

BRATISLAVA

Místo konání akce

Bratislava, SLOVAKIA

Datum konání akce

10. 9. 2014

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000363914100021