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.

Additional Metadata
Keywords developing countries, emerging markets, market weak-form efficiency, returns, volatility
Persistent URL dx.doi.org/10.1080/1540496X.2015.1011523, hdl.handle.net/1765/78128
Series Econometric Institute Reprint Series
Citation
Bodeutsch, D.S, & Franses, Ph.H.B.F. (2015). The Stock Exchange of Suriname: Returns, Volatility, Correlations, and Weak-Form Efficiency. Econometric Institute Reprint Series. doi:10.1080/1540496X.2015.1011523