Capital markets and investment decision making. ([2019])

• Record Type: Book
• Further Information: Note: Raj S. Dhankar.
• Authors: Dhankar, Raj S, 1955-
• Contents: Intro; Preface; Contents; About the Author; Abbreviations; Capital Markets Operation; 1 Understanding the Behaviour of Stock Market; Introduction; Preferences; Psychological Biases; Heuristics; Human Tendency or Self-deception; Conclusion; Annexure: Market Anomalies; References; 2 Clearance and Settlement Process; Introduction; Literature Review; Research Methodology; Dematerialization; According to ISMR; Linkages with Clearing System; Integration with Theory; Rolling Settlement and Settlement Cycle; Straight-Through Processing; Integration with Theory; Deferral Products; Risk Management Integration with TheoryConclusion; Appendix 1: Major Redesign Events; References; 3 Stock Market Operations and Long-Run Reversal Effect; Introduction; Literature Review; Empirical Evidence of Long-Run Reversal Effect; Alternative Explanation of Long-Run Return Reversal Effect; Data and Methodology; Data Description; Methodology; Empirical Results; Descriptive Statistics of Portfolios; Market-Adjusted Returns and Long-Run Return Reversal Effect; Seasonality in Long-Run Contrarian Profits; Risk-Adjusted Long-Run Contrarian Profits; Other Sources of Risk; Multivariate Risk-Adjusted Approach Conclusion and ImplicationsReferences; 4 Stock Markets' Conditions and Investment Decisions; Introduction; Literature Review; Overreaction and Momentum Effect: An Overview; Sources of Contrarian and Momentum Profits; Data and Methodology; Empirical Results; Existence of Momentum and Overreaction Effect in the Indian Stock Market; Market States and Investment Strategies; Market State and Momentum Profits; Interaction Between Market State, Size and Investment Strategies; Market-Dependent Risk-Adjusted Returns; Discussion; Conclusion; References; 5 Stock Markets Overreaction; Introduction Literature ReviewOverreaction and Momentum Effect; Rational Sources of Contrarian and Momentum Profits; Behavioural Finance: A New Approach; Data and Methodology; Empirical Results; Existence of Momentum and Overreaction Effect in Indian Stock Market; Robustness Test; Evaluation of Behaviour Explanation for Momentum and Overreaction Effect; Conclusion; References; Global Markets and Investment Decisions; 6 Calendar Anomalies in Stock Markets; Introduction; Data and Methodology; Empirical Findings; Day-of-the-Week Effect; Conclusion; References; 7 Stock Market Return Volatility; Introduction Review of LiteratureResearch Methodology; Empirical Findings; Preliminary Results; Test for Cross-Relation in Stock Returns; Forecasting of Volatility Fitting of GARCH(1, 1) Model; Diagnostic Testing; Measurement of Asymmetric Volatility; Relationship Between Stock Returns and Conditional Volatility, and Standardized Residuals; Summary and Implication of the Study; References; 8 Stock Markets' Instability, Integration and Volatility; Introduction; South Asia: Current State of Art; An Overview of South Asian Stock Markets; Data Source, Methods and Properties of Data; Data Source
• Publisher Details: New Delhi, India : Springer
• Publication Date: 2019
• Extent: 1 online resource (xviii, 355 pages), illustrations (some color)
• Subjects: 332/.0415; Capital market; Investments; Electronic books; Electronic books
• Languages: English
• ISBNs: 9788132237488
• Related ISBNs: 813223748X; 9788132237464
• Notes: Note: Includes bibliographical references and index.; Note: Description based on online resource; title from digital title page (viewed on May 10, 2019).
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.