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Do stock markets exhibit cyclical market efficiency? Emerging markets’ perspective

T. Mallikarjunappa, Diana Saldanha, Iqbal Thonse Hawaldar • Cogent Economics & Finance (2025)

This article assesses cyclical market efficiency under different market conditions. We examine the cyclical return predictability, the time-varying effectiveness of trading strategies and their profitability, along with the relationships be...

DOAJ Open Access (DOAJ) DOI: 10.1080/23322039.2025.2476094