MARKET TIMING ABILITY OF MUTUAL FUNDS WITH TESTS APPLIED ON SEVERAL CROATIAN FUNDS

被引：0
|
作者：
Skrinjaric, Tihana [1 ]
机构：
[1] Univ Zagreb, Fac Econ & Business, Trg JF Kennedya 6, Zagreb 10000, Croatia
来源：
CROATIAN OPERATIONAL RESEARCH REVIEW | 2013年 / 4卷 / 01期
关键词：
Fund performance; Croatian funds; Market timing; Stock market;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Performance of mutual funds industry has been in spotlight ever since it started to develop in previous century all over the world. Different measures have been designed in order to evaluate those performances. Market timing ability is one of them. This paper attempts to find evidence of market timing ability of Croatian funds, estimating Treynor-Mazuy and Henriksson-Merton model over the sample of ten mutual funds. The results, expectedly, have indicated a lack of market timing abilities of selected funds.
引用
收藏
页码：176 / 186
页数：11
相关论文
共 50 条
  • [1] The market timing ability of bond mutual funds
    Yin, Zhengnan
    O'Sullivan, Niall
    Sherman, Meadhbh
    [J]. JOURNAL OF ASSET MANAGEMENT, 2024,
  • [2] The Market Timing Ability of UK Mutual Funds
    Cuthbertson, Keith
    Nitzsche, Dirk
    O'Sullivan, Niall
    [J]. JOURNAL OF BUSINESS FINANCE & ACCOUNTING, 2010, 37 (1-2) : 270 - 289
  • [3] A global approach to mutual funds market timing ability
    Bodson, Laurent
    Cavenaile, Laurent
    Sougne, Danielle
    [J]. JOURNAL OF EMPIRICAL FINANCE, 2013, 20 : 96 - 101
  • [4] Market timing ability and mutual funds: a heterogeneous agent approach
    Frijns, Bart
    Gilbert, Aaron
    Zwinkels, Remco C. J.
    [J]. QUANTITATIVE FINANCE, 2013, 13 (10) : 1613 - 1620
  • [5] Robust market timing tests of Canadian hybrid mutual funds
    Ayadi, Mohamed A.
    Chaibi, Anis
    Kryzanowski, Lawrence
    [J]. INTERNATIONAL JOURNAL OF MANAGERIAL FINANCE, 2023, 19 (03) : 583 - 614
  • [6] Artificial Market Timing in Mutual Funds
    Busse, Jeffrey A.
    Ding, Jing
    Jiang, Lei
    Tang, Yuehua
    [J]. JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS, 2023, 58 (08) : 3450 - 3481
  • [7] Dynamic Market Timing in Mutual Funds
    Busse, Jeffrey A.
    Ding, Jing
    Jiang, Lei
    Wu, Ke
    [J]. MANAGEMENT SCIENCE, 2024, 70 (06) : 3470 - 3492
  • [8] Hybrid mutual funds and market timing performance
    Comer, G
    [J]. JOURNAL OF BUSINESS, 2006, 79 (02): : 771 - 797
  • [9] The Dynamics of Mutual Funds and Market Timing Measurement
    Matallin-Saez, Juan Carlos
    [J]. STUDIES IN NONLINEAR DYNAMICS AND ECONOMETRICS, 2008, 12 (04):
  • [10] Croatian and Slovenian mutual funds and Bosnian investments funds
    Podobnik, Boris
    Balen, Vanco
    Jagric, Timotej
    Kolanovic, Marko
    [J]. FINANCE A UVER-CZECH JOURNAL OF ECONOMICS AND FINANCE, 2007, 57 (3-4): : 159 - 177
12345