Overreaction hypothesis

The supposition that investors overreact to unanticipated news, resulting in exaggerated movement in stock prices followed by corrections.

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Alternative Hypothesis
The hypothesis against which the null hypothesis is tested.

Null hypothesis
In classical hypothesis testing, we take the null hypothesis as true and require the data to provide substantial evidence against it.

Liquidity preference hypothesis
The argument that greater liquidity is valuable, all else equal. Also, the theory that the forward rate exceeds expected future interest rates.

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Call

An option giving the owner of a call the right to buy 100 shares of stock at a specified price by a specified deadline.


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