Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/150534 
Erscheinungsjahr: 
2017
Schriftenreihe/Nr.: 
Frankfurt School - Working Paper Series No. 224
Verlag: 
Frankfurt School of Finance & Management, Frankfurt a. M.
Zusammenfassung: 
In this paper, calendar seasonality patterns are examined from day-of-the-week effect across weekly patterns, monthly analysis and whole-year seasonal strategies such as Sell in May and Halloween effect. The analysis is done across six indices, DAX, MDAX, SDAX, Eurostoxx 50, Stoxx Europe Mid 200 and Stoxx Europe Small 200. The observation period is from 1990 to 2015. The evidence found in this paper cannot support the Monday effect across all Indices. The Sell in May effect and Halloween effect were found to be existent over the whole observation period and being mostly influenced by the absence of investment in August and September.
Schlagwörter: 
Seasonality
Day-of-the-Week Effect
Sell in May
Halloween Effect
Monday Effect
JEL: 
F33
F37
G11
G13
G18
G20
G24
G28
Dokumentart: 
Working Paper

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