Corpus ID: 13014585

Incorporating Technical Analysis Into Behavioral Finance: A Field Experiment in the Large Capitalization Firms of the Athens Stock Exchange

@article{Vasiliou2008IncorporatingTA,
  title={Incorporating Technical Analysis Into Behavioral Finance: A Field Experiment in the Large Capitalization Firms of the Athens Stock Exchange},
  author={Dimitrios Vasiliou and Nikolaos Eriotis and Spyros Papathanasiou},
  journal={ERN: Behavioral Finance (Microeconomics) (Topic)},
  year={2008}
}
In this paper we try to apply Technical Analysis methodology into the Behavior Theory for the large capitalization firms of the Athens Stock Exchange (ASE). In Behavioural and in Technical Theory we observe a combination between fundamental (rational) and psychological – emotional (irrational) factors. We use standards tests in combination with bootstrap methodology under the AR(1) & GARCH(1,1) models. On the whole, the results support a strong increase in trading rules performance over time… Expand
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