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Topic 4: list of anomalies

  1. Momentum effect (weak form)
  2. Reversal effect (weak form)
  3. Turn of year effect
  4. Neglected firm effect
  5. Weekend effect
  6. P/E effect (semi strong)
  7. Book to Market effect
  8. Small firm effect (semi strong)
  9. Post earnings announcement drift
    (IN EXAM, CHOOSE 5 and give 2 sentence descriptors of eAch)
    (Link with the Efficient Market Hypothesis)