|Title||International evidence on the relationship between trading volume and serial correlation in stock returns|
|Authors||Jory, S.R. and Ngo, T.N.|
This paper examines the relationship between trading volume and stock return autocorrelation in different international stock markets. The results show that the relationship is asymmetric among markets and is stronger in those less developed. The relationship is stronger in markets where informed trading based on private information is possible.
|Journal||Global Journal of Finance and Banking Issues|
|Journal citation||2 (2), pp. 1-13|
|Publisher||Global Business Investments and Publications LLC|
|Web address (URL)||http://globip.com/pdf_pages/globalfinance-vol2-article1.pdf|