Decoding Global Portfolio Investment Flow Post-COVID19 Pandemic: Does Market Efficiency Matter?
In this paper, we try to uncover the pattern of global portfolio investment flow after the COVID-19 pandemic. Particularly, we are interested to see whether or not the majority of portfolio investments go to inefficient markets during this period. Based on the Efficient Market Hypothesis (EMH) by Fama (1970), investors should go to weak-form (inefficient) […]
Technical Trend Analyses of Indonesia Stock Exchange Index
The stock exchange index is one of the primary barometers for the economic health of a country. The index encapsulates the performances of a wide spectrum of economic sectors, and it vividly reflects the country’s economic condition. In this paper, we apply several commonly used approaches to conduct technical trend analyses of the IDX and […]
