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Inwestowanie W Akcje W Wieloletnim Horyzoncie Czasowym – Czy Strategia Podążania Za Trendem Jest Skuteczna?

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  • Monika MURAWSKA

Abstract

W artykule oceniono czteroletni kurs spółek, które w przeszłości w całej historii notowań zostały zidentyfikowane jako silnie wzrostowe. W odniesieniu do badanej populacji stwierdzono, że w długiej, wieloletniej perspektywie stawianie na trend w przypadku przedsiębiorstw silnie wzrostowych, ale o krótkiej historii notowań skutkuje niższymi stopami zwrotu z akcji niż w przypadku spółek dotychczas silnie wzrostowych, ale o długiej historii notowań. W badaniach uwzględniono spółki notowane na Giełdzie Papierów Wartościowych w Warszawie.

Suggested Citation

  • Monika MURAWSKA, 2015. "Inwestowanie W Akcje W Wieloletnim Horyzoncie Czasowym – Czy Strategia Podążania Za Trendem Jest Skuteczna?," Nowoczesne Systemy Zarządzania. Modern Management Systems, Military University of Technology, Faculty of Security, Logistics and Management, Institute of Organization and Management, issue 1, pages 119-131.
    • Handle: RePEc:aou:nszioz:y:2015:i:1:p:119-131
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    References listed on IDEAS

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    3. Jegadeesh, Narasimhan & Titman, Sheridan, 1993. "Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency," Journal of Finance, American Finance Association, vol. 48(1), pages 65-91, March.
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