Abstract
This is an interesting paper and I was immediately impressed by the dedication and perseverance that must have been necessary to collect and code the daily data for the 25 firms over the 11 year period. Briefly, I will restrict my comments to three main areas: (1) the role of this type of study; (2) the quality of the data; and (3) the tests of weak form efficiency.
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© 1989 Springer-Verlag Berlin Heidelberg
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Pope, P.F. (1989). Comments on L P Jennergren and B Sorensen “Random Walks and Anomalies on the Copenhagen Stock Exchange in the 1890’s”. In: Guimarães, R.M.C., Kingsman, B.G., Taylor, S.J. (eds) A Reappraisal of the Efficiency of Financial Markets. NATO ASI Series, vol 54. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-74741-0_16
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DOI: https://doi.org/10.1007/978-3-642-74741-0_16
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