اختبار كفاءة سوق مالي ناشئ عند المستوى الضعيف : دراسة بورصة عمان

الملخص EN

This study aims to test the efficiency of an emerging stock market at a weak level, and specifically the Amman Stock Exchange through the daily price series (closing price) of the general market index ASE100 from 03/01/2016 to 19/11/2019, using: tests for stability (ADF, PP, KPSS), normal distribution tests (skewness, Kurtosis, Jarque-Bera) and independence tests (AC, BDS).

The study concluded that the ASE's returns series is stable, not naturally distributed, correlated and does not move randomly, i.

e.

it is predictable in the short term, from which the Amman Stock Exchange is inefficient at a weak level during the study period.