ISSN: 2222-6990
Open access
This paper examines the Halloween effect in the Romanian stock market. The analysis is conducted for four stock indices using monthly returns. The Halloween effect is not identified for any of the indices. Therefore, an investment strategy based on the Halloween effect was not suitable for investors in this market.
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Copyright: © 2018 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
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