Abstract
This study develops a model to disaggregate traders into categories based on their strategic approach to (fundamental versus technical) and perception about future price trends. Testing the model with data from the Shanghai Stock Exchange (SSE), the study finds a minimal presence of fundamental traders. However, model estimation reveals that the SSE is weak-form efficient as technical traders do not earn abnormal profits.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
