Contrarian Investments
Mostrando 1-2 de 2 artigos, teses e dissertações.
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1. Pairs trading in the Brasilian stock market / A estratégia pairs trading no mercado de ações brasileiro
This paper investigates the possibility of obtaining profits with an investment strategy named pairs trading. Using a rule which is already adopted in practice by investors, yields averaging annualized excess returns of approximately 4.7% for the period 2002-2006 were obtained, after transaction costs. The reported returns have low correlation with the marke
Publicado em: 2007
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2. Overreaction in the Brazilian Stock Market from 1995 until 2003 / Análise da sobre-reação de preços no mercado de ações brasileiro durante o período de 1995 a 2003
This dissertation analyzes the possibility of obtaining gains by adopting contrarian investments policy in the Brazilian Stock Market during the period from 1995 to 2003, in order to prove the existence of the overreaction bias in the investors? behavior. As a complementary objective, it was explored whether the strategy performance depends upon the measure
Publicado em: 2004