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Are Momentum Strategies Feasible in Intraday-Trading? Empirical Results from the German Stock Market
Thursday, October 15, 2015 at 4:00 PM–5:30 PM EDT
2-Gallery
Keywords: 5 words maximum
Behavioral Finance, Intraday-Trading, Momentum Strategies
Very short description for use in the program to help attendees understand more than a title can describe
Based on the theory of gradual information distribution on capital markets and the technological progress of the last years, we suppose that the momentum effect transformed from a monthly basis to shorter time horizons. With regard to stocks that were listed in the German blue chip index DAX 30 between November 2013 and June 2014, this study is the first to examine, whether such strategies generate market adjusted excess returns on an intraday-trading basis.
Lead & Corresponding Author
Tim Alexander Herberger, Dr., Bamberg University
Job Title
Research and Teaching Assistant
Additional Authors
Matthias Horn, Bamberg University
Job Title
Research and Teaching Assistant
Andreas Oehler, Chair of Finance, Bamberg University
Job Title
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