{"id":"https://openalex.org/W26330056","doi":null,"title":"An investigation into the winner-loser and momentum anomalies in four medium-sized European markets","display_name":"An investigation into the winner-loser and momentum anomalies in four medium-sized European markets","publication_year":2013,"publication_date":"2013-03-01","ids":{"openalex":"https://openalex.org/W26330056","mag":"26330056"},"language":"en","primary_location":{"id":"pmh:oai:doras.dcu.ie:17694","doi":null,"is_oa":true,"landing_page_url":"https://doras.dcu.ie/17694/1/PhD_Cormac_O%27_Keeffe_Final","pdf_url":"https://doras.dcu.ie/17694/1/PhD_Cormac_O%27_Keeffe_Final","source":{"id":"https://openalex.org/S4306401511","display_name":"Dublin City University Open Access Institutional Repository (Dublin City University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I42934936","host_organization_name":"Dublin City University","host_organization_lineage":["https://openalex.org/I42934936"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Thesis"},"volume":null,"type":"dissertation","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doras.dcu.ie/17694/1/PhD_Cormac_O%27_Keeffe_Final","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5012463233","display_name":"Cormac O\u2019Keeffe","orcid":"https://orcid.org/0000-0002-9074-5924","observed_orcids":["https://orcid.org/0000-0002-9074-5924"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Cormac O\u2019Keeffe","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-9074-5924","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5012463233"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":1,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/momentum-effect","display_name":"momentum effect","score":0.9520000219345093},{"id":"https://openalex.org/keywords/contrarian-strategy","display_name":"contrarian strategy","score":0.7350000143051147},{"id":"https://openalex.org/keywords/market-efficiency","display_name":"market efficiency","score":0.7429999709129333},{"id":"https://openalex.org/keywords/recommendation-revisions","display_name":"recommendation revisions","score":0.8370000123977661},{"id":"https://openalex.org/keywords/trading","display_name":"trading","score":0.5370000004768372},{"id":"https://openalex.org/keywords/sme-performance","display_name":"SME performance","score":0.4350000023841858},{"id":"https://openalex.org/keywords/book-to-market-ratio","display_name":"book-to-market ratio","score":0.9660000205039978},{"id":"https://openalex.org/keywords/price-earnings-ratio","display_name":"price earning ratio","score":0.9399999976158142},{"id":"https://openalex.org/keywords/return-reversal","display_name":"return reversal","score":0.4269999861717224},{"id":"https://openalex.org/keywords/risk-adjusted-returns","display_name":"risk-adjusted returns","score":0.6869999766349792},{"id":"https://openalex.org/keywords/european-stock-markets","display_name":"European stock markets","score":0.6119999885559082},{"id":"https://openalex.org/keywords/ireland","display_name":"Ireland","score":0.6890000104904175},{"id":"https://openalex.org/keywords/greece","display_name":"Greece","score":0.9909999966621399},{"id":"https://openalex.org/keywords/norway","display_name":"Norway","score":0.9959999918937683},{"id":"https://openalex.org/keywords/denmark","display_name":"Denmark","score":1.0}],"concepts":[{"id":"https://openalex.org/C2779652781","wikidata":"https://www.wikidata.org/wiki/Q5165738","display_name":"Contrarian","level":2,"score":0.8446881771087646},{"id":"https://openalex.org/C60718061","wikidata":"https://www.wikidata.org/wiki/Q1414747","display_name":"Momentum (technical analysis)","level":2,"score":0.6623169183731079},{"id":"https://openalex.org/C186797051","wikidata":"https://www.wikidata.org/wiki/Q60738868","display_name":"Trend following","level":2,"score":0.6250333786010742},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.6129748225212097},{"id":"https://openalex.org/C196345963","wikidata":"https://www.wikidata.org/wiki/Q4175604","display_name":"Allocative efficiency","level":2,"score":0.5515607595443726},{"id":"https://openalex.org/C131562839","wikidata":"https://www.wikidata.org/wiki/Q1574928","display_name":"Trading strategy","level":2,"score":0.5220767855644226},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5173415541648865},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5118524432182312},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.5082616209983826},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.4819797873497009},{"id":"https://openalex.org/C2778869765","wikidata":"https://www.wikidata.org/wiki/Q6028363","display_name":"Inefficiency","level":2,"score":0.4453476667404175},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.32397007942199707},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.15158918499946594},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.12082749605178833},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.11790663003921509},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:doras.dcu.ie:17694","doi":null,"is_oa":true,"landing_page_url":"https://doras.dcu.ie/17694/1/PhD_Cormac_O%27_Keeffe_Final","pdf_url":"https://doras.dcu.ie/17694/1/PhD_Cormac_O%27_Keeffe_Final","source":{"id":"https://openalex.org/S4306401511","display_name":"Dublin City University Open Access Institutional Repository (Dublin City University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I42934936","host_organization_name":"Dublin City University","host_organization_lineage":["https://openalex.org/I42934936"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Thesis"},{"id":"pmh:http://www.rian.ie/60870/","doi":null,"is_oa":true,"landing_page_url":"http://doras.dcu.ie/17694/","pdf_url":null,"source":{"id":"https://openalex.org/S4306400033","display_name":"Arrow@dit (Dublin Institute of Technology)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210144925","host_organization_name":"Technological University Dublin","host_organization_lineage":["https://openalex.org/I4210144925"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"O'Keeffe, Cormac (2013) An investigation into the winner-loser and momentum anomalies in four medium-sized European markets. PhD thesis, Dublin City University.","raw_type":"Other"},{"id":"mag:26330056","doi":null,"is_oa":false,"landing_page_url":"http://doras.dcu.ie/17694/","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":{"id":"pmh:oai:doras.dcu.ie:17694","doi":null,"is_oa":true,"landing_page_url":"https://doras.dcu.ie/17694/1/PhD_Cormac_O%27_Keeffe_Final","pdf_url":"https://doras.dcu.ie/17694/1/PhD_Cormac_O%27_Keeffe_Final","source":{"id":"https://openalex.org/S4306401511","display_name":"Dublin City University Open Access Institutional Repository (Dublin City University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I42934936","host_organization_name":"Dublin City University","host_organization_lineage":["https://openalex.org/I42934936"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Thesis"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320331199","display_name":"Waterford Institute of Technology","ror":"https://ror.org/03ypxwh20"}],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W26330056.pdf","grobid_xml":"https://content.openalex.org/works/W26330056.grobid-xml"},"referenced_works_count":554,"referenced_works":["https://openalex.org/W8861387","https://openalex.org/W26655026","https://openalex.org/W134698503","https://openalex.org/W148329840","https://openalex.org/W206890942","https://openalex.org/W658814196","https://openalex.org/W1484799109","https://openalex.org/W1485812904","https://openalex.org/W1485872351","https://openalex.org/W1489293997","https://openalex.org/W1490075097","https://openalex.org/W1493905615","https://openalex.org/W1494124194","https://openalex.org/W1496268815","https://openalex.org/W1496980835","https://openalex.org/W1500704260","https://openalex.org/W1500952623","https://openalex.org/W1506927806","https://openalex.org/W1508574080","https://openalex.org/W1509073687","https://openalex.org/W1513172979","https://openalex.org/W1516080317","https://openalex.org/W1516345889","https://openalex.org/W1536567012","https://openalex.org/W1539311903","https://openalex.org/W1550596477","https://openalex.org/W1556466497","https://openalex.org/W1561655210","https://openalex.org/W1562683833","https://openalex.org/W1565295770","https://openalex.org/W1566309000","https://openalex.org/W1578009526","https://openalex.org/W1580611202","https://openalex.org/W1591779241","https://openalex.org/W1597922694","https://openalex.org/W1598541863","https://openalex.org/W1605144273","https://openalex.org/W1671678821","https://openalex.org/W1707935632","https://openalex.org/W1778371792","https://openalex.org/W1794396874","https://openalex.org/W1829497564","https://openalex.org/W1839273307","https://openalex.org/W1853400284","https://openalex.org/W1855749725","https://openalex.org/W1862704692","https://openalex.org/W1902001569","https://openalex.org/W1902748094","https://openalex.org/W1904528500","https://openalex.org/W1905989463","https://openalex.org/W1912089040","https://openalex.org/W1963797343","https://openalex.org/W1963815804","https://openalex.org/W1963881500","https://openalex.org/W1963908040","https://openalex.org/W1965235836","https://openalex.org/W1965256629","https://openalex.org/W1966787795","https://openalex.org/W1967330734","https://openalex.org/W1967872601","https://openalex.org/W1968785915","https://openalex.org/W1969060875","https://openalex.org/W1969367063","https://openalex.org/W1970967408","https://openalex.org/W1971008461","https://openalex.org/W1973035591","https://openalex.org/W1973315392","https://openalex.org/W1975140694","https://openalex.org/W1976358904","https://openalex.org/W1976681556","https://openalex.org/W1978216549","https://openalex.org/W1978533935","https://openalex.org/W1979310853","https://openalex.org/W1980368000","https://openalex.org/W1981439605","https://openalex.org/W1981676911","https://openalex.org/W1981985657","https://openalex.org/W1982126149","https://openalex.org/W1982133670","https://openalex.org/W1983035878","https://openalex.org/W1983957107","https://openalex.org/W1984667173","https://openalex.org/W1984682715","https://openalex.org/W1984948669","https://openalex.org/W1987283715","https://openalex.org/W1987597290","https://openalex.org/W1988359837","https://openalex.org/W1988410260","https://openalex.org/W1988508674","https://openalex.org/W1989129903","https://openalex.org/W1989543458","https://openalex.org/W1989720764","https://openalex.org/W1990058073","https://openalex.org/W1990599584","https://openalex.org/W1991181755","https://openalex.org/W1992134683","https://openalex.org/W1992897607","https://openalex.org/W1993183466","https://openalex.org/W1993450672","https://openalex.org/W1994158373","https://openalex.org/W1994317641","https://openalex.org/W1995445970","https://openalex.org/W1995524125","https://openalex.org/W1995530955","https://openalex.org/W1995994265","https://openalex.org/W1996002959","https://openalex.org/W1996342403","https://openalex.org/W1996546077","https://openalex.org/W1997641541","https://openalex.org/W1998677466","https://openalex.org/W1999214439","https://openalex.org/W1999443680","https://openalex.org/W1999918735","https://openalex.org/W2001356033","https://openalex.org/W2001870410","https://openalex.org/W2002939123","https://openalex.org/W2003122475","https://openalex.org/W2003983197","https://openalex.org/W2004359591","https://openalex.org/W2005779441","https://openalex.org/W2007444722","https://openalex.org/W2007830992","https://openalex.org/W2008259381","https://openalex.org/W2010300367","https://openalex.org/W2010802504","https://openalex.org/W2010827854","https://openalex.org/W2010891591","https://openalex.org/W2011003518","https://openalex.org/W2012992669","https://openalex.org/W2013321678","https://openalex.org/W2013855871","https://openalex.org/W2013860961","https://openalex.org/W2014005364","https://openalex.org/W2014220326","https://openalex.org/W2014267111","https://openalex.org/W2015432519","https://openalex.org/W2016182227","https://openalex.org/W2016580009","https://openalex.org/W2016710995","https://openalex.org/W2017769538","https://openalex.org/W2019025561","https://openalex.org/W2020414644","https://openalex.org/W2020666351","https://openalex.org/W2022679685","https://openalex.org/W2023826935","https://openalex.org/W2024140722","https://openalex.org/W2024473602","https://openalex.org/W2025315233","https://openalex.org/W2026592333","https://openalex.org/W2027139871","https://openalex.org/W2027584991","https://openalex.org/W2028203519","https://openalex.org/W2028237122","https://openalex.org/W2029056003","https://openalex.org/W2029607226","https://openalex.org/W2030095186","https://openalex.org/W2031139050","https://openalex.org/W2031801702","https://openalex.org/W2032382731","https://openalex.org/W2034635749","https://openalex.org/W2034874274","https://openalex.org/W2035293670","https://openalex.org/W2035416181","https://openalex.org/W2036574866","https://openalex.org/W2036764622","https://openalex.org/W2037504308","https://openalex.org/W2037815703","https://openalex.org/W2037822352","https://openalex.org/W2038150191","https://openalex.org/W2039356307","https://openalex.org/W2039727220","https://openalex.org/W2040656672","https://openalex.org/W2041455516","https://openalex.org/W2041979662","https://openalex.org/W2042603408","https://openalex.org/W2043618531","https://openalex.org/W2044191245","https://openalex.org/W2044408130","https://openalex.org/W2044516862","https://openalex.org/W2044676016","https://openalex.org/W2044758379","https://openalex.org/W2045598034","https://openalex.org/W2045805092","https://openalex.org/W2046333855","https://openalex.org/W2046393011","https://openalex.org/W2046519558","https://openalex.org/W2047947213","https://openalex.org/W2048181361","https://openalex.org/W2048329047","https://openalex.org/W2048403785","https://openalex.org/W2048610700","https://openalex.org/W2048941631","https://openalex.org/W2049198122","https://openalex.org/W2049582966","https://openalex.org/W2050643653","https://openalex.org/W2050791675","https://openalex.org/W2053544412","https://openalex.org/W2055110880","https://openalex.org/W2055958150","https://openalex.org/W2056147984","https://openalex.org/W2056227401","https://openalex.org/W2056951761","https://openalex.org/W2056974242","https://openalex.org/W2057699911","https://openalex.org/W2057842954","https://openalex.org/W2058453433","https://openalex.org/W2058701000","https://openalex.org/W2059454236","https://openalex.org/W2059911609","https://openalex.org/W2060958574","https://openalex.org/W2061408102","https://openalex.org/W2061592058","https://openalex.org/W2061718420","https://openalex.org/W2062016630","https://openalex.org/W2062090301","https://openalex.org/W2062571617","https://openalex.org/W2062834208","https://openalex.org/W2063116195","https://openalex.org/W2063282899","https://openalex.org/W2065311909","https://openalex.org/W2067171170","https://openalex.org/W2067703893","https://openalex.org/W2068046750","https://openalex.org/W2069239969","https://openalex.org/W2069240128","https://openalex.org/W2069325065","https://openalex.org/W2069719371","https://openalex.org/W2071887345","https://openalex.org/W2074275156","https://openalex.org/W2074326325","https://openalex.org/W2076118055","https://openalex.org/W2076480217","https://openalex.org/W2076540794","https://openalex.org/W2077121266","https://openalex.org/W2077667717","https://openalex.org/W2079346266","https://openalex.org/W2079720605","https://openalex.org/W2079969368","https://openalex.org/W2080450677","https://openalex.org/W2080699820","https://openalex.org/W2081423892","https://openalex.org/W2081432842","https://openalex.org/W2081649978","https://openalex.org/W2081840714","https://openalex.org/W2081904726","https://openalex.org/W2082178971","https://openalex.org/W2082884805","https://openalex.org/W2083148578","https://openalex.org/W2083310870","https://openalex.org/W2084303638","https://openalex.org/W2084365593","https://openalex.org/W2085782166","https://openalex.org/W2085859523","https://openalex.org/W2086289240","https://openalex.org/W2086481033","https://openalex.org/W2087963635","https://openalex.org/W2089440099","https://openalex.org/W2089556049","https://openalex.org/W2089642230","https://openalex.org/W2090386647","https://openalex.org/W2090400360","https://openalex.org/W2090874083","https://openalex.org/W2091165963","https://openalex.org/W2092359503","https://openalex.org/W2093085360","https://openalex.org/W2093260403","https://openalex.org/W2093667340","https://openalex.org/W2093887133","https://openalex.org/W2094226756","https://openalex.org/W2094517242","https://openalex.org/W2094876917","https://openalex.org/W2095652253","https://openalex.org/W2095884461","https://openalex.org/W2095907808","https://openalex.org/W2096365673","https://openalex.org/W2096706783","https://openalex.org/W2096762811","https://openalex.org/W2096815396","https://openalex.org/W2096865524","https://openalex.org/W2097057261","https://openalex.org/W2097152068","https://openalex.org/W2099495277","https://openalex.org/W2099520003","https://openalex.org/W2099884752","https://openalex.org/W2100321665","https://openalex.org/W2100526182","https://openalex.org/W2100876305","https://openalex.org/W2101114019","https://openalex.org/W2101309897","https://openalex.org/W2101469116","https://openalex.org/W2101718392","https://openalex.org/W2102381418","https://openalex.org/W2103282000","https://openalex.org/W2103679355","https://openalex.org/W2103722568","https://openalex.org/W2103948798","https://openalex.org/W2104505737","https://openalex.org/W2104697841","https://openalex.org/W2104964789","https://openalex.org/W2105934661","https://openalex.org/W2106284146","https://openalex.org/W2106798814","https://openalex.org/W2108635931","https://openalex.org/W2108985320","https://openalex.org/W2110496272","https://openalex.org/W2110802991","https://openalex.org/W2111230345","https://openalex.org/W2112393888","https://openalex.org/W2113305199","https://openalex.org/W2113383833","https://openalex.org/W2115495343","https://openalex.org/W2115778570","https://openalex.org/W2115782355","https://openalex.org/W2116277545","https://openalex.org/W2116339425","https://openalex.org/W2116347131","https://openalex.org/W2116670736","https://openalex.org/W2116936094","https://openalex.org/W2116988722","https://openalex.org/W2117018493","https://openalex.org/W2117558267","https://openalex.org/W2118172567","https://openalex.org/W2118295542","https://openalex.org/W2118759318","https://openalex.org/W2119242864","https://openalex.org/W2120646818","https://openalex.org/W2121606993","https://openalex.org/W2123971950","https://openalex.org/W2124135196","https://openalex.org/W2124555070","https://openalex.org/W2124670945","https://openalex.org/W2125108688","https://openalex.org/W2125512557","https://openalex.org/W2125520394","https://openalex.org/W2126165913","https://openalex.org/W2127744785","https://openalex.org/W2127951193","https://openalex.org/W2128127523","https://openalex.org/W2128633294","https://openalex.org/W2128846462","https://openalex.org/W2129029454","https://openalex.org/W2130100150","https://openalex.org/W2131171931","https://openalex.org/W2131177033","https://openalex.org/W2131402935","https://openalex.org/W2131773668","https://openalex.org/W2132444912","https://openalex.org/W2133300021","https://openalex.org/W2133469585","https://openalex.org/W2133635869","https://openalex.org/W2134183765","https://openalex.org/W2134874607","https://openalex.org/W2136023526","https://openalex.org/W2136120210","https://openalex.org/W2137420142","https://openalex.org/W2139569437","https://openalex.org/W2139788994","https://openalex.org/W2142974872","https://openalex.org/W2143531998","https://openalex.org/W2143777653","https://openalex.org/W2144167072","https://openalex.org/W2144330062","https://openalex.org/W2144487825","https://openalex.org/W2145470702","https://openalex.org/W2146556864","https://openalex.org/W2146587342","https://openalex.org/W2147503382","https://openalex.org/W2148876341","https://openalex.org/W2150779817","https://openalex.org/W2151257144","https://openalex.org/W2151306296","https://openalex.org/W2151705360","https://openalex.org/W2151877546","https://openalex.org/W2153051445","https://openalex.org/W2153920944","https://openalex.org/W2155116696","https://openalex.org/W2155369257","https://openalex.org/W2155548238","https://openalex.org/W2156296964","https://openalex.org/W2157056528","https://openalex.org/W2157323155","https://openalex.org/W2157778356","https://openalex.org/W2158185567","https://openalex.org/W2159203901","https://openalex.org/W2159728441","https://openalex.org/W2160343233","https://openalex.org/W2160841369","https://openalex.org/W2160920817","https://openalex.org/W2161292689","https://openalex.org/W2161855990","https://openalex.org/W2163294447","https://openalex.org/W2163388377","https://openalex.org/W2163557704","https://openalex.org/W2163685283","https://openalex.org/W2165584372","https://openalex.org/W2166215547","https://openalex.org/W2167645707","https://openalex.org/W2169287746","https://openalex.org/W2170556543","https://openalex.org/W2170583017","https://openalex.org/W2170828358","https://openalex.org/W2170905619","https://openalex.org/W2172249603","https://openalex.org/W2173913116","https://openalex.org/W2174587010","https://openalex.org/W2175030539","https://openalex.org/W2176563209","https://openalex.org/W2177834589","https://openalex.org/W2194536423","https://openalex.org/W2222384943","https://openalex.org/W2246925741","https://openalex.org/W2265160720","https://openalex.org/W2277255975","https://openalex.org/W2278831174","https://openalex.org/W2280331487","https://openalex.org/W2289012750","https://openalex.org/W2315939576","https://openalex.org/W2319031802","https://openalex.org/W2321648089","https://openalex.org/W2323266160","https://openalex.org/W2326894889","https://openalex.org/W2326971956","https://openalex.org/W2346399507","https://openalex.org/W2495139269","https://openalex.org/W2569038047","https://openalex.org/W2588113285","https://openalex.org/W2603812606","https://openalex.org/W2619406644","https://openalex.org/W2724224207","https://openalex.org/W2752617332","https://openalex.org/W2795715425","https://openalex.org/W2797816625","https://openalex.org/W2889507636","https://openalex.org/W2889627911","https://openalex.org/W2890164650","https://openalex.org/W2890222871","https://openalex.org/W2890844091","https://openalex.org/W2891082789","https://openalex.org/W2892285611","https://openalex.org/W2903849486","https://openalex.org/W2904847620","https://openalex.org/W2966207845","https://openalex.org/W2992612625","https://openalex.org/W3020860095","https://openalex.org/W3021190191","https://openalex.org/W3021439583","https://openalex.org/W3021517922","https://openalex.org/W3023045267","https://openalex.org/W3023181463","https://openalex.org/W3023376117","https://openalex.org/W3023512294","https://openalex.org/W3121163366","https://openalex.org/W3121249077","https://openalex.org/W3121295248","https://openalex.org/W3121296121","https://openalex.org/W3121302911","https://openalex.org/W3121306109","https://openalex.org/W3121336068","https://openalex.org/W3121339647","https://openalex.org/W3121393286","https://openalex.org/W3121409256","https://openalex.org/W3121465794","https://openalex.org/W3121519289","https://openalex.org/W3121540646","https://openalex.org/W3121558473","https://openalex.org/W3121673469","https://openalex.org/W3121800461","https://openalex.org/W3121826363","https://openalex.org/W3121826859","https://openalex.org/W3121907526","https://openalex.org/W3122002647","https://openalex.org/W3122015128","https://openalex.org/W3122035477","https://openalex.org/W3122123168","https://openalex.org/W3122186295","https://openalex.org/W3122215347","https://openalex.org/W3122245420","https://openalex.org/W3122318028","https://openalex.org/W3122501583","https://openalex.org/W3122505795","https://openalex.org/W3122553568","https://openalex.org/W3122578644","https://openalex.org/W3122597312","https://openalex.org/W3122714908","https://openalex.org/W3122727838","https://openalex.org/W3122799874","https://openalex.org/W3122843332","https://openalex.org/W3122875535","https://openalex.org/W3123122365","https://openalex.org/W3123135735","https://openalex.org/W3123137041","https://openalex.org/W3123188694","https://openalex.org/W3123192782","https://openalex.org/W3123211549","https://openalex.org/W3123221798","https://openalex.org/W3123249515","https://openalex.org/W3123342491","https://openalex.org/W3123363184","https://openalex.org/W3123392235","https://openalex.org/W3123443944","https://openalex.org/W3123451865","https://openalex.org/W3123519783","https://openalex.org/W3123598380","https://openalex.org/W3123625569","https://openalex.org/W3123633846","https://openalex.org/W3123661785","https://openalex.org/W3123717200","https://openalex.org/W3123753686","https://openalex.org/W3123780872","https://openalex.org/W3123792419","https://openalex.org/W3123852583","https://openalex.org/W3123912718","https://openalex.org/W3123921709","https://openalex.org/W3123952594","https://openalex.org/W3123954021","https://openalex.org/W3123959803","https://openalex.org/W3124028559","https://openalex.org/W3124056445","https://openalex.org/W3124110242","https://openalex.org/W3124199787","https://openalex.org/W3124214036","https://openalex.org/W3124251361","https://openalex.org/W3124293159","https://openalex.org/W3124300428","https://openalex.org/W3124358814","https://openalex.org/W3124408024","https://openalex.org/W3124424387","https://openalex.org/W3124447204","https://openalex.org/W3124480908","https://openalex.org/W3124506222","https://openalex.org/W3124639629","https://openalex.org/W3124643433","https://openalex.org/W3124688677","https://openalex.org/W3124694934","https://openalex.org/W3124833605","https://openalex.org/W3124900439","https://openalex.org/W3124915722","https://openalex.org/W3125018794","https://openalex.org/W3125145096","https://openalex.org/W3125261530","https://openalex.org/W3125317439","https://openalex.org/W3125348180","https://openalex.org/W3125388642","https://openalex.org/W3125438718","https://openalex.org/W3125677029","https://openalex.org/W3125717248","https://openalex.org/W3125807918","https://openalex.org/W3125902221","https://openalex.org/W3125916087","https://openalex.org/W3125922515","https://openalex.org/W3125925449","https://openalex.org/W3126001324","https://openalex.org/W3126076289","https://openalex.org/W3205901149"],"related_works":["https://openalex.org/W1512791134","https://openalex.org/W2784822815","https://openalex.org/W1889195564","https://openalex.org/W2392804302","https://openalex.org/W3121800461","https://openalex.org/W7023376012","https://openalex.org/W1493905615","https://openalex.org/W1991971989","https://openalex.org/W7011461214","https://openalex.org/W1971936239"],"abstract_inverted_index":{"The":[0,49],"allocative":[1],"efficiency":[2,25],"of":[3,7,20,26,51,62,69,87,99,111,136,144,151,194,211,227,272],"financial":[4],"markets":[5,174],"is":[6,17,57,108,142],"central":[8],"importance":[9],"to":[10,23,232],"academics,":[11],"investors,":[12],"and":[13,40,47,53,64,66,84,97,102,120,139,216,243],"regulators.":[14],"However,":[15,200],"there":[16],"a":[18,60,75,251,269],"dearth":[19],"research":[21,34,73],"relating":[22],"the":[24,38,79,85,94,105,123,152,167,171,181,191,207],"medium-sized":[27],"European":[28],"markets.":[29,126,154],"This":[30],"thesis":[31],"addresses":[32],"this":[33,90,259],"gap":[35],"by":[36,147,189,206],"examining":[37],"winner-loser":[39],"momentum":[41,145,157,264],"anomalies":[42,81],"in":[43,104,118,122,149,164,170,254],"Ireland,":[44,165],"Greece,":[45],"Norway,":[46],"Denmark.":[48],"profitability":[50],"contrarian":[52,182],"strength":[54],"rule":[55],"strategies":[56,237,265],"examined":[58],"using":[59],"variety":[61],"models":[63],"rank":[65],"holding":[67],"periods":[68],"differing":[70],"lengths.":[71],"Existing":[72],"establishes":[74],"strong":[76],"link":[77],"between":[78],"two":[80,150,162],"under":[82],"review":[83],"behaviour":[86],"brokers.":[88],"Therefore,":[89],"study":[91],"also":[92],"analyses":[93],"economic":[95],"value":[96,229],"impact":[98],"brokers\u2019":[100],"recommendations":[101,184,247],"forecasts":[103],"Irish":[106],"market.\\n\\nThere":[107],"substantial":[109],"evidence":[110,143],"market":[112],"inefficiency":[113],"with":[114,197,213],"significant":[115,252],"return":[116],"continuation":[117],"Ireland":[119],"reversals":[121],"other":[124,172],"three":[125,173],"Risk-adjusted":[127],"returns":[128,158,188,202],"are":[129,134,203,226,267],"significantly":[130,204],"higher":[131],"when":[132],"portfolios":[133],"comprised":[135],"extreme":[137],"winners":[138],"losers.":[140],"There":[141],"followed":[146],"reversal":[148],"four":[153],"Average":[155],"monthly":[156],"peak":[159],"after":[160],"approximately":[161],"months":[163],"while":[166],"optimum":[168],"approach":[169],"involves":[175],"skipping":[176],"one":[177],"year":[178],"before":[179],"implementing":[180],"strategy.\\n\\nBrokers\u2019":[183],"earn":[185],"modest":[186],"abnormal":[187],"exploiting":[190],"superior":[192],"performance":[193,210],"small":[195],"firms":[196],"positive":[198],"momentum.":[199,273],"such":[201],"reduced":[205],"relatively":[208,234],"poor":[209],"stocks":[212],"low":[214],"book-to-market":[215],"high":[217],"earnings-to-price":[218],"ratios":[219],"that":[220,261],"brokers":[221,262],"favourably":[222],"recommend.":[223],"Recommendation":[224],"revisions":[225],"greater":[228],"but":[230,266],"fail":[231],"outperform":[233],"straightforward":[235],"trading":[236,255],"based":[238],"on":[239],"momentum,":[240],"size,":[241],"book-to-market,":[242],"price-earnings":[244],"ratios.":[245],"Brokers\u2019":[246],"do":[248],"not":[249,268],"induce":[250],"increase":[253],"activity.":[256],"Taken":[257],"together,":[258],"suggests":[260],"follow":[263],"key":[270],"driver":[271]},"counts_by_year":[{"year":2017,"cited_by_count":1}],"updated_date":"2026-11-11T12:16:26.678958","created_date":"2016-06-24T00:00:00"}