Beyond the Random Walk: A Guide to Stock Market Anomalies and Low Risk Investing (by Vijay Singal)


Author(s): Vijay Singal

Publisher: Oxford University Press
Publish date: 2003-12-04
ISBN-10: 0195158679
ISBN-13: 9780195158670
Language: English
Description: In an efficient market, all stocks should be valued at a price that
is consistent with available information. But as financial expert
Vijay Singal, Ph.D., CFA, points out, there are circumstances under
which certain stocks sell at a price higher or lower than the right
price. In Beyond the Random Walk, Singal
discusses ten such anomalous prices and shows how investors
might–or might not–be able to exploit these situations for
profit.
The author distills several decades of academic research into a
focused discussion of market anomalies that is both accessible and
useful to people with varied backgrounds. Past empirical evidence
is supplemented… more…

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