Abstract

The empirical properties of stock returns are studied for 10 companies listed at the Suriname Stock Exchange (SSE), which is a young and growing stock market. Individual stock returns are found to be predictable from the own past to some extent, but the equal-weighted index returns are not. Dynamic correlations with large Latin-American stock markets appear to be zero. It is concluded that there is much more efficiency to be gained for the SSE.

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hdl.handle.net/1765/50639
Econometric Institute Research Papers
Erasmus School of Economics

Bodeutsch, D., & Franses, P. H. (2014). The Stock Exchange of Suriname:
Returns, Volatility, Correlations and Weak-form
Efficiency (No. EI 2014-02). Econometric Institute Research Papers. Retrieved from http://hdl.handle.net/1765/50639