whereRitis the stock return of firm

whereRit
is the stock return of firmi on dayt,andTis the total number of trading days in the calculation period. I compute the
BHR over six months and one year, withTbeing 126 and 252 respectively. The buy-and-hold abnormal return of stocki is then
calculated as:

0/5000

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whereRitis the stock return of firmi on dayt,andTis the total number of trading days in the calculation period. I compute theBHR over six months and one year, withTbeing 126 and 252 respectively. The buy-and-hold abnormal return of stocki is thencalculated as:

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Results (Vietnamese) 2:[Copy]

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whereRit
là sự trở lại của cổ phiếu Firmi trên dayt, andTis tổng số ngày giao dịch trong thời gian tính toán. Tôi tính toán
BHR trên sáu tháng và một năm, withTbeing 126 và 252 tương ứng. Sự trở lại bất thường mua và giữ các stocki sau đó được
tính như sau:

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Results (Vietnamese) 3:[Copy]

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