Essays about: "Underreactions"

Found 1 essay containing the word Underreactions.

  1. 1. Price Shocks and Investor Irrationality

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Fredrika Bruu; Emma Åkerstén; [2020]
    Keywords : Overreactions; Underreactions; Stock Market Reactions; Price Shocks; Contrarian Strategy;

    Abstract : This paper replicates the research conducted by Benou and Richie (2003) on overreactions among investors to news or events causing large price changes to occur in the stock market. While the original study focuses solely on large price decreases among well-established firms listed in the S&P 100 index on the U.S. READ MORE