Behind The Markets Podcast: The 2022 Jacobs Levy Quantitative Finance Conference
Behind the Markets Podcast
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The Evidence in the a Share Market and the Hong Kong Market
Jaggedeche: Most of the evidence seems to support the idea that it's some sort of under reaction. And i would say, under reaction to information that's generated in the trading process. So people have private information. Some people are more informed than others. A the people that have sa favorable information about a stock, they buy the stock and push the price up. Other people on the side lines should basically see this happen and continue to push up the stock pretty quickly. The evidence seems to suggest that that process takes longer than jaggedishe and i would have originally thought it would take. Ok. What does the research show about the various explanations that have been proffered
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