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Market Timing and Moving Averages: An Empirical Analysis of Performance in Asset Allocation
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mpn: 157 black & white tables, 65 figures, ean: 9781137364685, isbn: 1137364688,
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There is a prevailing view among researchers and practitioners that abnormal risk-adjusted returns are an anomaly of financial market inefficiency. This outlook is misleading, since such returns only shed light on the imperfect models commonly used t...
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