2015 Conference

October 15–16, 2015

Orlando, FL

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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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