Analiza strategije »Sell in May and go away« na svetovnih delniških indeksih : delo diplomskega seminarja

Bahovec, Leon (author), Košak, Marko (mentor)

Delo preučuje veljavnost pregovora »Sell in May and go away« na svetovnih delniških trgih. Pregovor vlagateljem svetuje naj svoje delnice in ostale vrednostne papirje v maju prodajo in ponovno vstopijo na trg v novembru in temelji na predpostavki, da je rast cen delniških indeksov v obdobju med mesecem novembrom in vključno aprilom opazno višja kakor v preostalih mesecih. Delo na podlagi analize 33 svetovnih delniških indeksov v obdobju med 1993 in 2022 preverja prisotnost sezonskega učinka.

• Language: Slovenian
• Keywords: sezonski učinki, delniški indeksi, trgovalna strategija, svet, finance, naložbe
• Work type: Final seminar paper
• Typology: 2.11 - Undergraduate Thesis
• Organization: FMF - Faculty of Mathematics and Physics
• Year: 2024
• PID: 20.500.12556/RUL-160326
• UDC: 519.8
• COBISS.SI-ID: 205239555
• Publication date in RUL: 25.08.2024

Secondary language

• Language: English
• Title: Analysing the »Sell in May and go away« strategy on global stock indices

Abstract

This paper investigates the validity of the "Sell in May and go away" adage within the context of global stock markets. The saying, which advises investors to sell their stocks in May and reinvest in November, implies a seasonal trend where stock market returns from November to April are significantly higher compared to the period from May to October. This research analyses historical data of 33 major global stock indices from 1993 to 2022 to examine whether this seasonal pattern holds true.

• Keywords: seasonal effects, stock indices, trading strategy, global, finance, investment