On 2017 September 29, Ibrahim M. Awad, and Abdel-Rahman Al-Ewesat, published a new study in Review of Economics & Finance, Volume 9, Issue 3 titled "Volatility Persistence in Palestine Exchange Bulls and Bears: An Econometric Analysis of Time Series Data". The article indicated or concluded that The study finds that volatility isn’t persistent in the PEX bear markets. Co-integration results show that there is an existence of cointegration, which indicates a long run equilibrium association between PEX bull and bear markets. The ECM results reveal that the speed of adjustment toward long run equilibrium is very low for PEX bull markets while the speed of adjustment toward long run equilibrium is unlikely to be attained for PEX bear markets. Further, the PEX bears markets are longer than PEX bull s markets, so that prudent investors should take volatility in PEX bulls and bears into account.
For more information about the study, please contact the main author at This email address is being protected from spambots. You need JavaScript enabled to view it. or the scientific research office at This email address is being protected from spambots. You need JavaScript enabled to view it..
