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GLOBAL FINANCIAL MARKETS
Journal article

GLOBAL FINANCIAL MARKETS

Abstract

The authors examine mean reversion in stock prices. They use national stock-index data from 18 countries during the 1969–96 period and find strong evidence of mean reversion in relative stock-index prices.

Authors

Balvers R; Wu Y; Gilliland E; Ignatius R

Journal

CFA Digest, Vol. 30, No. 4, pp. 64–65

Publisher

CFA Institute

Publication Date

November 1, 2000

DOI

10.2469/dig.v30.n4.778

ISSN

0046-9777

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