FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1652389265> ?p ?o ?g. }

• W1652389265 endingPage "e0137892" @default.
• W1652389265 startingPage "e0137892" @default.
• W1652389265 abstract "This paper reexamines the profitability of loser, winner and contrarian portfolios in the Chinese stock market using monthly data of all stocks traded on the Shanghai Stock Exchange and Shenzhen Stock Exchange covering the period from January 1997 to December 2012. We find evidence of short-term and long-term contrarian profitability in the whole sample period when the estimation and holding horizons are 1 month or longer than 12 months and the annualized return of contrarian portfolios increases with the estimation and holding horizons. We perform subperiod analysis and find that the long-term contrarian effect is significant in both bullish and bearish states, while the short-term contrarian effect disappears in bullish states. We compare the performance of contrarian portfolios based on different grouping manners in the estimation period and unveil that decile grouping outperforms quintile grouping and tertile grouping, which is more evident and robust in the long run. Generally, loser portfolios and winner portfolios have positive returns and loser portfolios perform much better than winner portfolios. Both loser and winner portfolios in bullish states perform better than those in the whole sample period. In contrast, loser and winner portfolios have smaller returns in bearish states, in which loser portfolio returns are significant only in the long term and winner portfolio returns become insignificant. These results are robust to the one-month skipping between the estimation and holding periods and for the two stock exchanges. Our findings show that the Chinese stock market is not efficient in the weak form. These findings also have obvious practical implications for financial practitioners." @default.
• W1652389265 created "2016-06-24" @default.
• W1652389265 creator A5027383757 @default.
• W1652389265 creator A5053775191 @default.
• W1652389265 creator A5075941726 @default.
• W1652389265 date "2015-09-14" @default.
• W1652389265 modified "2023-09-30" @default.
• W1652389265 title "Profitability of Contrarian Strategies in the Chinese Stock Market" @default.
• W1652389265 cites W1970956797 @default.
• W1652389265 cites W1983913990 @default.
• W1652389265 cites W2005976509 @default.
• W1652389265 cites W2010560968 @default.
• W1652389265 cites W2010891591 @default.
• W1652389265 cites W2037822352 @default.
• W1652389265 cites W2048941631 @default.
• W1652389265 cites W2052140295 @default.
• W1652389265 cites W2062016630 @default.
• W1652389265 cites W2062834208 @default.
• W1652389265 cites W2074326325 @default.
• W1652389265 cites W2075832535 @default.
• W1652389265 cites W2100321665 @default.
• W1652389265 cites W2106798814 @default.
• W1652389265 cites W2116988722 @default.
• W1652389265 cites W2118172567 @default.
• W1652389265 cites W2125520394 @default.
• W1652389265 cites W2131177033 @default.
• W1652389265 cites W2144487825 @default.
• W1652389265 cites W2153051445 @default.
• W1652389265 cites W2171616432 @default.
• W1652389265 cites W2320868325 @default.
• W1652389265 cites W3123852583 @default.
• W1652389265 cites W3123912718 @default.
• W1652389265 cites W3124694934 @default.
• W1652389265 cites W3125261530 @default.
• W1652389265 cites W3125973547 @default.
• W1652389265 cites W4230671387 @default.
• W1652389265 cites W4231546411 @default.
• W1652389265 cites W4246390368 @default.
• W1652389265 doi "https://doi.org/10.1371/journal.pone.0137892" @default.
• W1652389265 hasPubMedCentralId "https://www.ncbi.nlm.nih.gov/pmc/articles/4569377" @default.
• W1652389265 hasPubMedId "https://pubmed.ncbi.nlm.nih.gov/26368537" @default.
• W1652389265 hasPublicationYear "2015" @default.
• W1652389265 type Work @default.
• W1652389265 sameAs 1652389265 @default.
• W1652389265 citedByCount "26" @default.
• W1652389265 countsByYear W16523892652016 @default.
• W1652389265 countsByYear W16523892652017 @default.
• W1652389265 countsByYear W16523892652018 @default.
• W1652389265 countsByYear W16523892652019 @default.
• W1652389265 countsByYear W16523892652021 @default.
• W1652389265 countsByYear W16523892652022 @default.
• W1652389265 countsByYear W16523892652023 @default.
• W1652389265 crossrefType "journal-article" @default.
• W1652389265 hasAuthorship W1652389265A5027383757 @default.
• W1652389265 hasAuthorship W1652389265A5053775191 @default.
• W1652389265 hasAuthorship W1652389265A5075941726 @default.
• W1652389265 hasBestOaLocation W16523892651 @default.
• W1652389265 hasConcept C10138342 @default.
• W1652389265 hasConcept C106159729 @default.
• W1652389265 hasConcept C121332964 @default.
• W1652389265 hasConcept C129361004 @default.
• W1652389265 hasConcept C149782125 @default.
• W1652389265 hasConcept C162324750 @default.
• W1652389265 hasConcept C166957645 @default.
• W1652389265 hasConcept C200870193 @default.
• W1652389265 hasConcept C204036174 @default.
• W1652389265 hasConcept C205649164 @default.
• W1652389265 hasConcept C2779343474 @default.
• W1652389265 hasConcept C2779652781 @default.
• W1652389265 hasConcept C2780299701 @default.
• W1652389265 hasConcept C2780821815 @default.
• W1652389265 hasConcept C556758197 @default.
• W1652389265 hasConcept C61797465 @default.
• W1652389265 hasConcept C62520636 @default.
• W1652389265 hasConceptScore W1652389265C10138342 @default.
• W1652389265 hasConceptScore W1652389265C106159729 @default.
• W1652389265 hasConceptScore W1652389265C121332964 @default.
• W1652389265 hasConceptScore W1652389265C129361004 @default.
• W1652389265 hasConceptScore W1652389265C149782125 @default.
• W1652389265 hasConceptScore W1652389265C162324750 @default.
• W1652389265 hasConceptScore W1652389265C166957645 @default.
• W1652389265 hasConceptScore W1652389265C200870193 @default.
• W1652389265 hasConceptScore W1652389265C204036174 @default.
• W1652389265 hasConceptScore W1652389265C205649164 @default.
• W1652389265 hasConceptScore W1652389265C2779343474 @default.
• W1652389265 hasConceptScore W1652389265C2779652781 @default.
• W1652389265 hasConceptScore W1652389265C2780299701 @default.
• W1652389265 hasConceptScore W1652389265C2780821815 @default.
• W1652389265 hasConceptScore W1652389265C556758197 @default.
• W1652389265 hasConceptScore W1652389265C61797465 @default.
• W1652389265 hasConceptScore W1652389265C62520636 @default.
• W1652389265 hasIssue "9" @default.
• W1652389265 hasLocation W16523892651 @default.
• W1652389265 hasLocation W16523892652 @default.
• W1652389265 hasLocation W16523892653 @default.
• W1652389265 hasLocation W16523892654 @default.
• W1652389265 hasLocation W16523892655 @default.
• W1652389265 hasLocation W16523892656 @default.

• next