Evidence suggests that there may be ________ momentum and ________ reversal patterns in stock price behavior.
A) short-run; short-run
B) long-run; long-run
C) long-run; short-run
D) short-run; long-run

Question

Quizplus · Accepted Answer

In stock price behavior, evidence suggests that there are short-run momentum patterns, where stocks that have performed well in the past continue to perform well in the short term, and long-run reversal patterns, where stocks that have performed well in the past tend to underperform in the long term.

Evidence Suggests That There May Be ________ Momentum and ________

Evidence Suggests That There May Be Momentum and