Testing Market Efficiency, Predictability and Profitability at Pakistan Stock Exchange Using Firm-level Data
This study examines market efficiency in the light of the simple moving average technical trading rules on daily closing share prices of 100 companies listed on Pakistan Stock Exchange over ten years from 2006 to 2015. The results show strong support for simple moving average rules having both pred...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
CSRC Publishing
2020-03-01
|
| Series: | Journal of Accounting and Finance in Emerging Economies |
| Subjects: | |
| Online Access: | https://publishing.globalcsrc.org/ojs/index.php/jafee/article/view/1054 |