The Day‑of‑the‑Week Anomaly in Light of the COVID–19 Pandemic on an Example of Selected OMX Indices
نویسندگان
چکیده
This paper analyzes market efficiency (EMH) with the day‑of‑the‑week effect and changes that might appear after outbreak of COVID–19 pandemic, based on example OMX Exchange its indices. Before only Baltic All‑share index was efficient; during OMXCPI Index, which represents Copenhagen stock market, not affected by anomaly. The change in observed relation to periods before additionally between specific days week. value added this is related evidence influenced but quality trading.
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ژورنال
عنوان ژورنال: Comparative Economic Research
سال: 2023
ISSN: ['1508-2008', '2082-6737']
DOI: https://doi.org/10.18778/1508-2008.26.16