In a study on the time behavior of a financial assets it was found that people continued to trade even when the price of the asset equalled its fundamental value. In the same study it was also found that there was increased trading in the asset at a time when the the price of the asset was trending consistently in one direction. What could be the possibly explanation using behavioral finance?
In a study on the time behavior of a financial assets it was found that people continued to trade even when the price of the asset equalled its fundamental value. In the same study it was also found that there was increased trading in the asset at a time when the the price of the asset was trending consistently in one direction. What could be the possibly explanation using behavioral finance?
Chapter1: Financial Statements And Business Decisions
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In a study on the time behavior of a financial assets it was found that people continued to trade even when the price of the asset equalled its fundamental value. In the same study it was also found that there was increased trading in the asset at a time when the the price of the asset was trending consistently in one direction. What could be the possibly explanation using behavioral finance?
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