Trading Volume and Stock Indices: A Test of Technical Analysis
نویسندگان
چکیده
منابع مشابه
A Bayesian analysis of stock return volatility and trading volume
The relationship between stock return volatility and trading volume is analysed by using the modified mixture model (MMM) framework proposed by Andersen (1996). This theory postulates that price changes and volumes are driven by a common latent information process, which is commonly interpreted as the volatility. Using GMM estimation Andersen finds that the persistence in this latent process fa...
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ژورنال
عنوان ژورنال: American Journal of Economics and Business Administration
سال: 2010
ISSN: 1945-5488
DOI: 10.3844/ajebasp.2010.287.292