Should Investors Count On A Santa Claus Rally?
Industry research has empirically proven different types of calendar anomalies. Most scholars have a difficult time rationalizing these phenomena, and many even dismiss them. In this series, we look to elaborate on these anomalies in the equity market and extend them into the options market. Q3 2022 hedge fund letters, conferences and more One of the main phenomena is the December effect (Santa Claus rally), where researchers believe the stock market tends to perform better in December than any other month of the year. Potential explanations include investor optimism fueled by holiday spirit, ...