Fund management performance, trend-chasing technical analysis and investment horizons : A case study

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalNot applicablepeer-review

3 Scopus Citations
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Detail(s)

Original languageEnglish
Pages (from-to)57-63
Journal / PublicationOmega
Volume25
Issue number1
Publication statusPublished - Feb 1997

Abstract

The paper investigates the usefulness of trend-chasing technical rules for portfolio management in the Hong Kong stock market. It provides strong evidence that some rule-based portfolios have a consistently and significantly superior market timing ability than the usual benchmark portfolio, regardless of different investment horizons (2-5 y). © 1997 Elsevier Science Ltd. All rights reserved.

Research Area(s)

  • Fund management, Investment, Market timing, Technical analysis