Arendas, Peter; Kotlebova, Jana - In: International Journal of Financial Studies : open … 7 (2019) 4/57, pp. 1-19
The Turn of the month effect is one of the better-known calendar anomalies. If a stock market is affected by the Turn of the month effect, it records significantly higher returns during a relatively short time period around the end of the old month and the beginning of the new one, than during...
