{"id":"https://openalex.org/W7917176","doi":null,"title":"Weak-form market efficiency of an emerging Market: Evidence from Dhaka Stock Market of Bangladesh. 1","display_name":"Weak-form market efficiency of an emerging Market: Evidence from Dhaka Stock Market of Bangladesh. 1","publication_year":2000,"publication_date":"2000-01-01","ids":{"openalex":"https://openalex.org/W7917176","mag":"7917176"},"language":"en","primary_location":{"id":"mag:7917176","doi":null,"is_oa":false,"landing_page_url":"https://www.valuewalk.com/wp-content/uploads/2015/02/MoKe00.pdf","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},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5050198273","display_name":"Asma Mobarek","orcid":"https://orcid.org/0000-0001-6662-4770","observed_orcids":["https://orcid.org/0000-0001-6662-4770"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Asma Mobarek","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0001-6662-4770","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5084841706","display_name":"Keavin Keasey","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Keavin Keasey","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":1.0972,"has_fulltext":false,"cited_by_count":100,"citation_normalized_percentile":{"value":0.85159632,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":93,"max":99},"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/T11326","display_name":"Stock Market Forecasting Methods","score":9.999999747378752e-05,"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"}},{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.0,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/weak-form-market-efficiency","display_name":"weak-form market efficiency","score":0.9679999947547913},{"id":"https://openalex.org/keywords/efficient-market-hypothesis","display_name":"efficient market hypothesis","score":0.7559999823570251},{"id":"https://openalex.org/keywords/dhaka-stock-exchange","display_name":"Dhaka Stock Exchange","score":0.9190000295639038},{"id":"https://openalex.org/keywords/emerging-stock-markets","display_name":"emerging stock markets","score":0.9120000004768372},{"id":"https://openalex.org/keywords/random-walks","display_name":"random walks","score":0.6449999809265137},{"id":"https://openalex.org/keywords/runs-test","display_name":"runs test","score":0.6930000185966492},{"id":"https://openalex.org/keywords/arima-model","display_name":"ARIMA model","score":0.6539999842643738},{"id":"https://openalex.org/keywords/stock-price-indices","display_name":"stock price indices","score":0.3709999918937683}],"concepts":[{"id":"https://openalex.org/C29368100","wikidata":"https://www.wikidata.org/wiki/Q724931","display_name":"Efficient-market hypothesis","level":4,"score":0.6896178126335144},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.6299191117286682},{"id":"https://openalex.org/C191988596","wikidata":"https://www.wikidata.org/wiki/Q628374","display_name":"Null hypothesis","level":2,"score":0.5897239446640015},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.5862832069396973},{"id":"https://openalex.org/C24338571","wikidata":"https://www.wikidata.org/wiki/Q2566298","display_name":"Autoregressive integrated moving average","level":3,"score":0.5748541951179504},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.5166573524475098},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5092881917953491},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.49313658475875854},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.4605817496776581},{"id":"https://openalex.org/C2985330422","wikidata":"https://www.wikidata.org/wiki/Q724931","display_name":"Market efficiency","level":2,"score":0.43040499091148376},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.37329357862472534},{"id":"https://openalex.org/C151406439","wikidata":"https://www.wikidata.org/wiki/Q186588","display_name":"Time series","level":2,"score":0.2347026765346527},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.15961331129074097},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1323106288909912},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.10085096955299377},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:7917176","doi":null,"is_oa":false,"landing_page_url":"https://www.valuewalk.com/wp-content/uploads/2015/02/MoKe00.pdf","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":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/17","score":0.5,"display_name":"Partnerships for the goals"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":30,"referenced_works":["https://openalex.org/W26685842","https://openalex.org/W119787610","https://openalex.org/W1574211421","https://openalex.org/W1967461850","https://openalex.org/W1973940590","https://openalex.org/W1977673367","https://openalex.org/W1978575620","https://openalex.org/W1982695417","https://openalex.org/W1985006033","https://openalex.org/W1992253855","https://openalex.org/W2005963395","https://openalex.org/W2022096609","https://openalex.org/W2026712034","https://openalex.org/W2029005779","https://openalex.org/W2038621549","https://openalex.org/W2048119156","https://openalex.org/W2067374063","https://openalex.org/W2067554274","https://openalex.org/W2068427703","https://openalex.org/W2090637028","https://openalex.org/W2110942893","https://openalex.org/W2131177033","https://openalex.org/W2139113919","https://openalex.org/W2240774475","https://openalex.org/W2315567505","https://openalex.org/W2599330981","https://openalex.org/W2764893841","https://openalex.org/W3122965736","https://openalex.org/W3123598380","https://openalex.org/W3171830700"],"related_works":["https://openalex.org/W7100140863","https://openalex.org/W2741670085","https://openalex.org/W4411871489","https://openalex.org/W1882529299","https://openalex.org/W2255262725","https://openalex.org/W2298374674","https://openalex.org/W2139581901","https://openalex.org/W3169151701","https://openalex.org/W6922534200","https://openalex.org/W7100734900"],"abstract_inverted_index":{"The":[0,46,61,83,97,148,162],"vast":[1],"majority":[2],"of":[3,53,58,68,79,85,99,145,202,204],"efficient":[4],"market":[5,183],"research":[6,190],"to":[7,81,166,180,194],"date":[8],"has":[9,37],"focused":[10],"on":[11,34,40,73,191],"the":[12,24,41,51,59,64,70,74,77,86,90,123,134,142,182,200],"major":[13],"United":[14],"States":[15],"and":[16,26,31,106,110,133,158,170],"European":[17],"securities":[18,72],"market.":[19,60,207],"Far":[20],"fewer":[21],"have":[22],"investigated":[23],"developing":[25],"less":[27,205],"developed":[28,206],"countries":[29],"markets;":[30],"no":[32],"study":[33,47,87,186],"this":[35,192],"area":[36,193],"been":[38],"performed":[39],"Dhaka":[42,91],"Stock":[43,92],"Exchange":[44],"(DSE).":[45],"seeks":[48],"evidence":[49,121],"supporting":[50],"existence":[52],"at":[54,138],"least":[55],"weak-form":[56,146],"efficiency":[57,203],"sample":[62],"includes":[63],"daily":[65],"price":[66],"indices":[67],"all":[69],"listed":[71],"DSE":[75],"for":[76,159],"period":[78],"1988":[80],"1997.":[82],"hypothesis":[84,144],"is":[88,94],"whether":[89],"Market":[93],"weakform":[95],"efficient.":[96],"results":[98,149],"both":[100],"non-parametric":[101],"(Kolmogrov":[102],"\u2010Smirnov":[103],"normality":[104],"test":[105,109,112],"run":[107],"test)":[108],"parametric":[111],"(":[113],"Auto-correlation":[114],"test,":[115],"Auto-regression,":[116],"ARIMA":[117],"model":[118,132],")":[119],"provide":[120],"that":[122],"share":[124],"return":[125],"series":[126],"do":[127],"not":[128],"follow":[129],"random":[130],"walk":[131],"significant":[135],"autocorrelation":[136],"co-efficient":[137],"different":[139,153],"lags":[140],"reject":[141],"null":[143],"efficiency.":[147],"are":[150,164],"consistent":[151],"in":[152,175],"sub-sample":[154],"observations,":[155],"without":[156],"outlier":[157],"individual":[160],"securities.":[161],"issues":[163],"important":[165],"security":[167,171],"analysts,":[168],"investors":[169],"exchange":[172],"regulatory":[173],"bodies":[174],"their":[176],"policy":[177],"making":[178],"decisions":[179],"improve":[181],"condition.":[184],"This":[185],"deserves":[187],"a":[188],"continuous":[189],"reach":[195],"an":[196],"ultimate":[197],"conclusion":[198],"about":[199],"level":[201]},"counts_by_year":[{"year":2024,"cited_by_count":2},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":5},{"year":2020,"cited_by_count":5},{"year":2019,"cited_by_count":4},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":10},{"year":2015,"cited_by_count":8},{"year":2014,"cited_by_count":11},{"year":2013,"cited_by_count":13},{"year":2012,"cited_by_count":9}],"updated_date":"2026-09-29T14:09:16.559479","created_date":"2016-06-24T00:00:00"}
