Does the inverse exchange-traded fund trading convey a bearish signal to the market?
This paper investigates whether inverse exchange-traded fund (ETF) trading can predict future negative underlying index returns. Using inverse ETF’s turnover rates and price volatilities to represent trading activities, this paper discovers that inverse ETF trading is significantly and positively re...
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| Format: | Article |
| Language: | English |
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LLC "CPC "Business Perspectives"
2016-07-01
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| Series: | Investment Management & Financial Innovations |
| Online Access: | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7306/imfi_en_2016_02cont2_Lin.pdf |