2015
The Stock Exchange of Suriname: Returns, Volatility, Correlations, and Weak-Form Efficiency
Publication
Publication
Abstract
The empirical properties of stock returns are studied for ten 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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doi.org/10.1080/1540496X.2015.1011523, hdl.handle.net/1765/78128 | |
Econometric Institute Reprint Series , ERIM Top-Core Articles | |
Organisation | Erasmus School of Economics |
Bodeutsch, D., & Franses, P. H. (2015). The Stock Exchange of Suriname: Returns, Volatility, Correlations, and Weak-Form Efficiency. ERIM Top-Core Articles. doi:10.1080/1540496X.2015.1011523 |