Belief Dispersion, Dispersion of Belief Changes, and Trading Volume: Evidence from Surveys of Consumers and Professional Forecasters

Does Trading Volume Contain Information to Predict Stock Returns? Evidence from China's Stock Markets

CFA Digest ◽

10.2469/dig.v31.n1.818 ◽

2001 ◽

Vol 31 (1) ◽

pp. 41-42

Author(s):

Johann U. de Villiers

Keyword(s):

Stock Returns ◽

Stock Markets ◽

Trading Volume

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The Relationship Between Stock Prices and Characteristics of the Trading Volume Changes: KOSPI 200 Sector and Index Trading

Journal of Korea Research Association of International Commerce ◽

10.29331/jkraic.2019.10.19.5.1 ◽

2019 ◽

Vol 19 (5) ◽

pp. 1-23

Author(s):

Jung-Do Roh ◽

Sang-Won Hwang

Keyword(s):

Stock Prices ◽

Trading Volume ◽

Volume Changes ◽

The Relationship

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Uji Komparasi Abnormal Return, Trading Volume, Trading Frequency, Dan Bid-Ask Spread Sebelum Dan Sesudah Share Split

Jurnal ULTIMA Accounting ◽

10.31937/akuntansi.v8i2.580 ◽

2016 ◽

Vol 8 (2) ◽

pp. 24-45

Author(s):

Tania Hayu Safira ◽

Febryanti Simon

Keyword(s):

Abnormal Return ◽

Trading Volume ◽

Stock Exchange ◽

Distributed Data ◽

Trading Frequency ◽

Bid Ask Spread ◽

Analysis Technique ◽

Before And After ◽

Test Of Hypothesis ◽

Kolmogorov Smirnov

This study is event study that was conduct to examine the differences of abnormal return, trading volume, trading frequency and bid-ask spread before and after the events of share split. The object of this research is the companies that did share split and listed in Indonesia Stock Exchange in 2008 - 2015. The samples are 30 companies chosen by purposive sampling method. The criteria are the company did not do corporate action right issue, pre-emptive rights, a share dividend and bonus shares in the same year with share split. Event window used in this study was 30 days consisting of 15 days before and 15 days after the share split. Data analysis technique begins with a test of normality using Kolmogorov – Smirnov and transform for unnormally distributed data. Then, test of hypothesis using Paired t – test to compare the differences before and after share split. The results of this study showed that volume trading activity and trading frequency had significant differences before and after the share split. While, variable abnormal return and bid-ask spread had not significant differences before and after the share split. Keywords: Abnormal return, bid-ask spread, share split, trading frequency, trading volume.

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