A robust finding in the literature is that seasoned equity offerings (SEOs) are followed by negative long-run abnormal returns, which can be seen as evidence of market timing. In this paper I document the cost of market timing, based on the idea that investors view companies with the most negative abnormal returns in the year following a SEO, as most likely to have timed the issue. I find that ...

in this study, trading patterns and constituents of trading performances of individual and institutional investors have been investigated in a weekly manner, using an auto regressive model and a grinblatt & titman portfolio performance measure spanning 2008-2012. the results show that while individual investors have a herding behavior, institutional investors take contrarian trading strategies....

It is an open secret that most investment funds actually underperform the market. Yet, millions of individual investors fare even worse, barely treading water. Algorithmic trading now so common, it accounts for over 80% all trades and domain professionals. Can also help small investor? Individual are advised to buy-and-hold index fund or a balanced portfolio including stocks, bonds, cash equiva...

This study aims to examine fund family performance, in terms of selectivity skills and marketing timing ability, Saudi Arabia, Malaysia, Indonesia, Pakistan 2007–2021. The sample is divided into three levels. First, analysis the whole sample. Second, by country. Third, Islamic- conventional-focused families. main results are: provides numerous advantages facilities managers, for instance divers...