Behavioural Finance > Calendar Effects >

January Effect

The January effect (also known as the turn-of-the-year effect or the January anomaly) is the most important calendar anomaly. The returns on common stocks in January are much higher than in other months, and this phenonenon is due to smaller-capitalization stocks in the early days of the month.

Articles via Google Scholar



Articles published since

2000| 2001| 2002| 2003| 2004| 2005| 2006| 2007| 2008| 2009| 2010| 2011| 2012