The 'day- end effect' refers to evidence that stock prices will tend to fall at the end of each day.

Question

Quizplus · Accepted Answer

The 'day-end effect' or more commonly known as the 'day-end reversal' typically refers to the tendency for stock prices to reverse any intraday price movement towards the market's close, not specifically to fall. This can mean prices might rise if they had been falling during the day or fall if they had been rising, depending on the day's trading dynamics.

The 'Day- End Effect' Refers to Evidence That Stock Prices