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  The Journal of FinanceVolume 56 Issue 2, Pages 699 - 720 Published Online: 17 Dec 2002 © 2010 the American Finance Association
Abstract | Full Text: PDF (Size: 391K) | Related Articles | Citation Tracking  Profitability of Momentum Strategies: An Evaluation of Alternative Explanations Copyright The American Finance Association 2001 ABSTRACTThis paper evaluates various explanations for the profitability of momentum strategies documented in Jegadeesh and Titman (1993). The evidence indicates that momentum profits have continued in the 1990s, suggesting that the original results were not a product of data snooping bias. The paper also examines the predictions of recent behavioral models that propose that momentum profits are due to delayed overreactions that are eventually reversed. Our evidence provides support for the behavioral models, but this support should be tempered with caution. | 
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Conference and Special Issue on Corporate Governance and the Global Financial Crisis
24-25 September 2010 in Philadelphia, USA
Deadline for Conference Proposals: 1 March 2010
Deadline for Special Issue Papers: 1 August 2010
Special Issue on Private Equity, LBOs, and Corporate Governance: International Evidence
Submission deadline: 1 March 2010
Guest edited by Igor Filatotchev, Donald Siegel and Mike Wright
