| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,885,452,317 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Calendar effect |
Also found in: Wikipedia | 0.01 sec. |
|
Calendar effect Describes the tendency of stocks to perform differently at different times. For example, a number of researchers have documented that historically, returns tend to be higher in January compared to other months (especially February). Others have documented returns patterns across days of the week and within the day. Some of these patterns are found in volume and volatility as well as returns. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in | ? References in periodicals archive | |
|---|---|---|
2%, aided by the calendar effect of an early Easter, which boosted Since the calendar effects do not follow the normal distribution (see Table 1), we standardize each calendar effect in a robust way estimating the robust location and the robust scale parameters using the Least Median of Squares (LMS) method proposed by Rousseeuw and Leroy (1987). 12) Stephanie Cano, Patricia M Getz, Jurgen Kropf, Stuart Scott, and George Stamas, "Adjusting for a Calendar Effect in Employment Time Series," Proceedings of the Survey Research Methods Section, 1996 (Alexandria, VA, American Statistical Association, 1996), explain how this approach is similarly implemented in seasonal adjustment for the BLS Current Employment Statistics survey. |
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|