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...

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Bibliographic Details
Main Authors: Dzung Phan Tran Trung, Hung Pham Quang
Format: Article
Language:English
Published: MDPI AG 2019-05-01
Series:Journal of Risk and Financial Management
Subjects:
Online Access:https://www.mdpi.com/1911-8074/12/2/81