Test of the Contrarian Investment Strategy-Evidence from the Taiwan Stock Markets
Hui-Ling Yang 0, Grant G.L. Yang, Wei-Pang Wu
0Dept. of Accounting & Information System, Shih Chien Univ.
Available Online October 2006.
- https://doi.org/10.2991/jcis.2006.190How to use a DOI?
- Behavioral Finance, Momentum Strategies, Contrarian Strategies, Investment Strategies
- The study examines whether the contrarian investment strategy, implies simultaneously buying previous losers and selling previous winners, exists in stock market of Taiwan. This study utilizes De Bondt and Thaler (1985) contrarian strategies into listed electronic and informational stocks in Taiwan from January of 1996 to December of 2004. The empirical results consistent with the findings of De Bondt & Thaler (1990), we see contrarian profits are obtained in the long-term and profits increase over time.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Hui-Ling Yang AU - Grant G.L. Yang AU - Wei-Pang Wu PY - 2006/10 DA - 2006/10 TI - Test of the Contrarian Investment Strategy-Evidence from the Taiwan Stock Markets PB - Atlantis Press SP - 532 EP - 535 SN - 1951-6851 UR - https://doi.org/10.2991/jcis.2006.190 DO - https://doi.org/10.2991/jcis.2006.190 ID - Yang2006/10 ER -