Advances in Investment Analysis and Portfolio Management (New Series) Vol．7(電子書)

Advances in Investment Analysis and Portfolio Management (New Series) is an
annual publication designed to disseminate developments in the area of investment
analysis and portfolio management. The publication is a forum for statistical and
quantitative analyses of issues in security analysis, portfolio management, options,
futures, and other related issues. The objective is to promote interaction between
academic research in finance, economics, and accounting and applied research in
the financial community.
The chapters in this volume cover a wider range of topics including stock
valuation, stock market, mutual funds, single stock futures, and microstructure. In
this volume there are 10 chapters, four of them analyze the issues of stock valuation:
2. Evaluating U.K. Investment Trust Performance Using No Arbitrage Bounds, 4. Can
Anomalies Be Explained by Technical Analysis? Evidence from Candlestick Patterns,
5. The Role of Individual Investors’ Gambling Preference in the January Effect, and
6. Short-Term Momentum and Investing Strategies in Daily Returns: Evidence from
Taiwan.
Two chapters focus on stock market and they are as follows: 1. Can Business
Confidence and Consumer Confidence Jointly Explain Stock Market Returns? Evidence
from Panel Data and 7. The Black Friday Effect. Mutual funds is discussed in two
chapters: 9. Exploring the Persistence of U.K. Equity Closed-End Fund Performance
and 10. Brand Image, Perceived Quality, Perceived Value and Purchase Intention -- An
Example of Awarded Funds. Finally, single stock futures is discussed in 3. A Study of
the Dynamic Relationship between Single Stock Futures and Their Underlying Securities
and microstructure is discussed in 8. Anatomy of the Bid-Ask Spread in an Order-
Driven Market: The Trade-Off between Adverse Selection Costs and Non-Execution
Costs.