VERIFICATION OF THE WEAK FORM EFFICIENCY BY MEANS OF STATISTICAL TEST ON THE STOCK EXCHANGE IN WARSAW (Weryfikacja slabej formy efektywnosci za pomoca testów statystycznych na GPW w Warszawie)

• Authors: Zebrowska-Suchodolska Dorota
• Languages of publication: PL

Abstracts

EN

The aim of the research is to verify the hypothesis of the weak form of efficiency of the Polish capital market. The research is conducted for the WIG20 index and subindexes constructed for sectors on the basis of quotations of companies that are included in the WIG20 index. In the paper, the Quenouille's test for autocorrelation coefficients, runs test and unit root test have been used. The research covers the period from 3.01.2000 to 29.12.2006.

Keywords

EN

EFFICIENCY (WEAK FORM OF); EFFICIENT MARKETS' THEORY; POLISH CAPITAL MARKET

Discipline

• ECONOMICS: ECONOMICS

• Journal: Optimum. Studia Ekonomiczne
• Year: 2009
• Issue: 1(41)
• Pages: 55-68
• Document type: ARTICLE

Contributors

author

Zebrowska-Suchodolska Dorota

• Dorota Zebrowska-Suchodolska, Wyzsza Szkola Finansów i Zarzadzania w Bialymstoku, ul. Ciepla 40, 15-472 Bialystok, Poland

Identifiers

CEJSH db identifier

09PLAAAA066219