IDEAS home Printed from https://ideas.repec.org/a/cup/jfinqa/v9y1974i06p963-991_01.html
   My bibliography  Save this article

Seasonal Variations in Prices of Individual Dow Jones Industrial Stocks

Author

Listed:
  • Bonin, Joseph M.
  • Moses, Edward A.

Abstract

The purpose of this article is to produce a conservative estimate of how often traditionally conceived seasonal components are present in prices of individual Dow Jones industrial stocks. A careful estimate is needed to resolve some of the current confusion on the question and to provide basic information along lines suggested by Smidt [27, p. 238]: “… investigations of the random walk hypothesis would be most fruitful if they were conducted in the spirit of attempting to determine the size and extent of systematic tendencies that may exist in price series†(italics added).

Suggested Citation

  • Bonin, Joseph M. & Moses, Edward A., 1974. "Seasonal Variations in Prices of Individual Dow Jones Industrial Stocks," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 9(6), pages 963-991, December.
    • Handle: RePEc:cup:jfinqa:v:9:y:1974:i:06:p:963-991_01
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S002210900001992X/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Silhan, Peter A., 2014. "Income smoothing from a Census X-12 perspective," Advances in accounting, Elsevier, vol. 30(1), pages 106-115.
    2. Podgórski Błażej, 2018. "Impact of the January Effect on Return Rates in the Markets of the 2004 EU Enlargement," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 26(1), pages 27-48, March.
    3. Eric Bentzen, 2009. "Seasonality in stock returns," Applied Financial Economics, Taylor & Francis Journals, vol. 19(20), pages 1605-1610.
    4. Charles P. Jones & Jack W. Wilson, 1989. "An Analysis Of The January Effect In Stocks And Interest Rates Under Varying Monetary Regimes," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 12(4), pages 341-354, December.
    5. Benjamin R. Auer, 2019. "Does the strength of capital market anomalies exhibit seasonal patterns?," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 43(1), pages 91-103, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:jfinqa:v:9:y:1974:i:06:p:963-991_01. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/jfq .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.