2
Graduated student in Accounting of Economic Science University
Abstract
The purpose of this study profitability strategy momentum prices in Tehran stock exchange and evaluation of the ratio of dividends to prices on the efficiency of this strategy. This research, in terms of applications, according to data type bit. In this study shares 96 companies participating Active in the Tehran Stock Exchange from 1380 to 1389 has been selected The main research hypothesis is that the momentum strategy can be an extra return earned on the Tehran Stock Exchange. Compared with test results of hypothesis test showed that the momentum strategy is profitable during the period of six months.
Hakkak,M. and Akbari,Z. (2012). Review and test the momentum phenomenon in terms of up and down market. Journal of Investment Knowledge, 1(پاییز 1391), 47-62.
MLA
Hakkak,M. , and Akbari,Z. . "Review and test the momentum phenomenon in terms of up and down market", Journal of Investment Knowledge, 1, پاییز 1391, 2012, 47-62.
HARVARD
Hakkak M., Akbari Z. (2012). 'Review and test the momentum phenomenon in terms of up and down market', Journal of Investment Knowledge, 1(پاییز 1391), pp. 47-62.
CHICAGO
M. Hakkak and Z. Akbari, "Review and test the momentum phenomenon in terms of up and down market," Journal of Investment Knowledge, 1 پاییز 1391 (2012): 47-62,
VANCOUVER
Hakkak M., Akbari Z. Review and test the momentum phenomenon in terms of up and down market. Journal of Investment Knowledge, 2012; 1(پاییز 1391): 47-62.