Adaptive Market Hypothesis: Evidence from the Vietnamese Stock Market
This paper aims to test the adaptive market hypothesis in the two main Vietnamese stock exchanges, namely Ho Chi Minh City Stock Exchange (HSX) and Hanoi Stock Exchange (HNX), by measuring the relationship between current stock returns and historical stock returns. In particular, the tests employed...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2019-05-01
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Series: | Journal of Risk and Financial Management |
Subjects: | |
Online Access: | https://www.mdpi.com/1911-8074/12/2/81 |