| Author: | Goetzmann, W. N. Massa, M. |
| Title: | Daily momentum and contrarian behaviour of index fund investors |
| Journal: | Journal of Financial and Quantitative Analysis
2002 : SEP, VOL. 37:3, p. 375-389 |
| Index terms: | INDEXATION INVESTMENT INVESTORS UNIT TRUSTS |
| Language: | eng |
| Abstract: | The authors use a two-year panel of individual accounts in an S&P index mutual fund to examine the trading and investment behavior of more than 91 000 investors who have chosen a low-cost, passively managed vehicle for savings. They identify classes of momentum investors and contrarian investors. |
SCIMA