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Record W2250198142

Calendar Effects in the Canadian Market

2010· article· en· W2250198142 on OpenAlexaboutno aff
Krystal Huang

Bibliographic record

VenueSummit (Simon Fraser University) · 2010
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicHistorical Economic and Social Studies
Canadian institutionsnot available
Fundersnot available
KeywordsBusinessEconomics
DOInot available

Abstract

fetched live from OpenAlex

The aim of this paper is to examine calendar anomalies, which had been studied in great details since early 1900s on US market. We study, specifically, the day-o week (Monday) effect, the turn-of-month effect, the turn-of-year (January) effect, the preholiday effect, and the sell-in May and go away (Halloween indicator) with the Canadian stock market. Several papers that studies anomalies on Canadian stocks have been identified but none of which studied every possible anomalies there is in history and documented them in one paper, and none of which as specifically studied the anomalies on Canadian stock market in recent years. Well researched papers such as Haugen and Jorion (1996) that studied the January effect on US market with data from years 1927 to 1942 and Athanasakos (1992) also studied the January effect but on Canadian market with data from years 1960 to 1989 all yielded significant calendar anomalies. Calendar anomalies - January effect was discovered in Haugen and Jorion (1996) after all these years. Dzhabarov and Ziemba (2010) comprised all the calendar anomalies on US market; hence, changes of calendar effects over time on Canadian market are of major interest in this paper.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.008
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.063
Threshold uncertainty score0.126

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.008
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0030.006
Science and technology studies0.0020.001
Scholarly communication0.0030.001
Open science0.0010.001
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0060.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.012
GPT teacher head0.172
Teacher spread0.161 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2010
Admission routes1
Has abstractyes

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