问题 单项选择题

Documented market anomalies include all of the following EXCEPT:()

A. the greater the ratio of book value/market value, the greater the risk-adjusted rate of return.

B. low P/E ratio stocks experience superior results to the market.

C. the ability for an investor to profit by buying stocks on Friday and selling them on Monday.

答案

参考答案:C

解析:

The weekend effect actually shows that there is a negative return from buying stocks on Friday and selling them on Monday. The book value /market value ratio effect, the neglected firm effect, and the P/E ratio effect are all documented market anomalies.

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