Erol, Umit - In: Journal of Capital Markets Studies (JCMS) 1 (2017) 1, pp. 74-88
Purpose - The purpose of this paper is to show that major reversals of an index (specifically BIST-30 index) can be detected uniquely on the date of reversal by checking the extreme outliers in the rate of change series using daily closing prices. Design/methodology/approach - The extreme...
