Business, 05.11.2019 03:31 brendaesme

Debondt and thaler (1985) found that the poorest-performing stocks in one time period experienced performance in the following period and that the best-performing stocks in one time period experienced performance in the following time period.

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DeBondt and Thaler (1985) found that the poorest-performing stocks in one time period experienced good performance in the following period and that the best-performing stocks in one time period experienced poor performance in the following time period.

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DeBondt and Thaler carried out a study that examined stocks of 35 worst and best performing firms over a previous five-year period.The study showed that over the following three-year period, the firms that were previously performing poorly performed better than the former best performing firms, by an average of 25%.This reversal in the fortunes of stocks of firms in the following period is called the Reversal Effect.

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answer; /// place the thermal compound between the heat sink and the microprocessor;

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