Date of Award
Master of Science (MS)
Economics and Finance
What is the possibility that small-company stocks do well in early January because they are rebounding from year-end tax-loss selling? In the economic state we live in today, why would you not think the probability of this happening is high? Everyday people and companies seek for little ways to create, save, or spend money in an efficient way that is profitable for their own benefits. With this optimistic view, the goal of financial research is to help everyday people and business men and woman make better decisions to further enhance their decisions and profitability capability. In this research, we will replicate Richard Roll’s 1963-1980 research to determine what the true impact of information and timing can have on your profitability capability with confidence, and allowing each assumption to stand (or fall) on its own merit through research and explanatory data.
Okonkwo, Michael I., "Vas Ist Das. The Turn of the Year Effect: Is the January Effect Real and Still Present?" (2015). All Graduate Plan B and other Reports. 670.