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Your search keyword '"Xiao, Ming-Li"' showing total 1 results
Start Over Author "Xiao, Ming-Li" Region shenzhen (guangdong sheng, china : east)
1 results on '"Xiao, Ming-Li"'

1. IS TECHNICAL ANALYSIS USEFUL FOR STOCK TRADERS IN CHINA? EVIDENCE FROM THE SZSE COMPONENT A-SHARE INDEX.

Author

Kong-Jun Chen and Xiao-Ming Li

Subjects
STOCK prices, PRICES of securities, SECURITIES trading, FINANCIAL markets
Abstract

This paper uses daily stock prices and the trading volume of 39 constituent companies in the SZSE Component A-Share Index on the Shenzhen Stock Exchange to examine the usefulness of technical analysis. It finds very weak evidence to support the view that traders and/or technical analysts can learn more about the future pattern of returns by actively using volume in conjunction with returns than those who only watch price movements. [ABSTRACT FROM AUTHOR]

Published
2006
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