Nicodemus Oriku - Academia.edu (original) (raw)
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Papers by Nicodemus Oriku
In today's economy, studying and analysis the market is one of the most important resources i... more In today's economy, studying and analysis the market is one of the most important resources in management of the organization. In the efficient market hypothesis, stock prices show all the market information in the form of past, publicly held or private information. Normal profits are usually expected to be made only when earning a normal return on your investments. The occurrence of fluctuations of stock returns affects the efficient market. These differences are referred to as anomalies. These anomalies could be a one off occurrence or a repeated. They are three types of anomalies namely fundamental, technical and calendar anomalies. This paper tests the Kenyan economy on stock returns to determine out the turn of the calendar effects on stock returns. This return help us to calculate regression analysis of stock returns from 2/1/2011 to 31/12/2015 This study was focused on determining out turn of the calendar effect on stock returns for firms listed at the Nairobi Securities ...
In today's economy, studying and analysis the market is one of the most important resources i... more In today's economy, studying and analysis the market is one of the most important resources in management of the organization. In the efficient market hypothesis, stock prices show all the market information in the form of past, publicly held or private information. Normal profits are usually expected to be made only when earning a normal return on your investments. The occurrence of fluctuations of stock returns affects the efficient market. These differences are referred to as anomalies. These anomalies could be a one off occurrence or a repeated. They are three types of anomalies namely fundamental, technical and calendar anomalies. This paper tests the Kenyan economy on stock returns to determine out the turn of the calendar effects on stock returns. This return help us to calculate regression analysis of stock returns from 2/1/2011 to 31/12/2015 This study was focused on determining out turn of the calendar effect on stock returns for firms listed at the Nairobi Securities ...