Dynamic Linkages Between Trading Volume and Price Movements: Evidence for Small Firm Stocks
作者： Cetin Ciner
DOI:
关键词: Information asymmetry 、 Econometrics 、 Financial economics 、 Stock market index 、 Empirical research 、 Volume (computing) 、 Economics 、 Stock price 、 Small firm
摘要: Recent theoretical and empirical studies suggest that volume conveys useful information to forecast stock price movements. We investigate the content of for indices small-capitalization firms in US France. Information asymmetry problems tend be more important it can argued should significant. find does indeed returns indices. also detect a positive contemporaneous relation between absolute value returns. The findings are qualitatively same data from
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