Prestasi saham dengan menggunakan sistem Hy5: satu ujian kecekapan pasaran bentuk lemah di Bursa Saham Kuala Lumpur

Mohd Yusof, Liza Marwati and Yong, Othman (2002) Prestasi saham dengan menggunakan sistem Hy5: satu ujian kecekapan pasaran bentuk lemah di Bursa Saham Kuala Lumpur. Utara Management Review, 3 (1). pp. 87-96. ISSN 1511-7170

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Abstract

This study examines the trading performance of Hy5 System relative to the buy-and-hold policy on the Kuala Lumpur Stock Exchange. Using yearly data from a sample of all listed firms in Kuala Lumpur Stock Exchange Industrial Index in the period of 1987-1997, this research finds that Hy5 System cannot outperform the buy-and-hold policy after transaction costs are accounted for.

Item Type:	Article
Uncontrolled Keywords:	technical trading rules, securities analysis, portfolio investments, investment policy, rates of return, comparative analysis
Subjects:	H Social Sciences > HG Finance
Divisions:	UNSPECIFIED
Depositing User:	Mrs. Norazmilah Yaakub
Date Deposited:	21 Sep 2010 08:34
Last Modified:	21 Sep 2010 08:34
URI:	https://repo.uum.edu.my/id/eprint/428

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