Based on the established methodology, we test the momentum effect in bull market (from June, 1997 to June, 2001) and in bear market (from June, 2001 to June, 2005) respectively on weekly basis in the article.
Based on the established methodology, we test the momentum effect in bull market (from June, 1997 to June, 2001) and in bear market (from June, 2001 to June, 2005) respectively on weekly basis in the article.
摘要在参考国外研究方法的基础上，以周作为检验周期，将1997年6月至2001年6月的股市作为牛市，2001年6月至2005年6月的股市作为熊市，然后分别检验股市在这两个不同时期的动量效应。