, although some indicate that investment in small caps should be avoided, since they are market anomalies with low liquidity … investigates the relevance of small caps to the investor. The study indicates that, in the case of the Brazilian stock exchange …, although there is a possibility of high returns the profitability of technical analysis of small caps is similar to strategies …

, although some indicate that investment in small caps should be avoided, since they are market anomalies with low liquidity … investigates the relevance of small caps to the investor. The study indicates that, in the case of the Brazilian stock exchange …, although there is a possibility of high returns the profitability of technical analysis of small caps is similar to strategies …

and execution cost. The microstructure effect of the new tick size should only impact small caps traded at Rp200 or lower … significantly improves small caps price efficiency and partially reduces execution cost. The new tick size moderately reduces the …

resorting to spin or emphasis. However, the price reaction is limited to small caps, suggesting that small investors still …