Munich Personal RePEc Archive

The calendar regularity of earnings and volatility distribution on the Ukrainian stock market

Petrushchak, Bohdan (2011): The calendar regularity of earnings and volatility distribution on the Ukrainian stock market. Published in: Proceedings of the 9th International Scientific Conference of Students and Young Scientists “Shevchenkivska Vesna 2011”. – 2011. – Kyiv: Taras Shevchenko National University of Kyiv. – Pages: 280–282. , Vol. 1, No. 9 (April 2011): pp. 280-282.

This is the latest version of this item.

[img]
Preview
PDF
MPRA_paper_31115.pdf

Download (27Kb) | Preview

Abstract

The theoretical aspects of calendar effects and anomalies on the Ukrainian stock market and the empirical evidences of monthly returns and volatility of PFTS-index are examined. A strong evidence of a calendar effect i.e. December effect on Ukrainian PFTS exchange was found. It can be explained due to the cyclical character of some industries, cyclical shares, calendar character of exchange rate fluctuations and self-fulfilling prophecies of investors.

Available Versions of this Item

  • The calendar regularity of earnings and volatility distribution on the Ukrainian stock market. (deposited 17. Jun 2011 19:35) [Currently Displayed]
UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.