Which of the following is not a documented stock market anomaly?
A) The low-PE effect
B) The neglected firm effect
C) The small firm effect
D) The Tuesday effect

Question

Quizplus · Accepted Answer

The Tuesday effect is not a documented stock market anomaly. Documented anomalies like the low-PE effect, the neglected firm effect, and the small firm effect are based on empirical findings that suggest certain patterns or behaviors in stock markets that deviate from the efficient market hypothesis. The Tuesday effect, suggesting that stocks perform differently on Tuesdays compared to other days of the week, does not have a basis in financial research as a recognized anomaly.

Which of the Following Is Not a Documented Stock Market