Record Details

DOES FOOLISH FOUR WORK IN INDIAN EQUITY MARKET?

International Journal of Management and Social Sciences

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Field Value
 
Title DOES FOOLISH FOUR WORK IN INDIAN EQUITY MARKET?
 
Creator Kanahalli, B. M.; Professor and Chairman, Department of Commerce, Gulbarga University, Gulbarga, India
Balbhimrao, Sachin; Research Scholar, Department of Commerce, Gulbarga University, Gulbarga, India
 
Subject Finance Management
Foolish Four, Volatility, Return on Investment, Equity Market, ROI, Indian Equity Market
Investment
 
Description Foolish Four strategy is one of the most cockamamie stocks picking formula developed in the mid 90’s by the Motley fool website. This strategy consists of investing equal amount in each of the top 4 stocks of a market index which results of high dividend yield to square root of stock price dropping one that scored highest. To examine its effectiveness, we applied this strategy to Nifty 50 Index over a period of 5 years (2006 to 2011). This research paper proves the fact that, Foolish four performs better over Nifty Index over a study period. Hence, this study identifies Foolish Four  as one of the stock picking strategy for retail and Institutional investors.
 
Publisher SPEAK Foundation
 
Contributor —
 
Date 2012-07-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Foolish Four and ROI based
 
Format —
 
Identifier http://journals.foundationspeak.com/index.php/ijmss/article/view/43
 
Source INTERNATIONAL JOURNAL OF MANAGEMENT AND SOCIAL SCIENCES (IJMSS); Vol 2, No 1 (2012): IJMSS - July 2(1) 2012; 67-73
2349-9761
2249-0191
 
Language eng
 
Relation http://journals.foundationspeak.com/index.php/ijmss/article/view/43/41
 
Coverage India
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Secondary Data
 
Rights Copyright (c) 2017 INTERNATIONAL JOURNAL OF MANAGEMENT AND SOCIAL SCIENCES (IJMSS)
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