Investigation of Lead-Lag Effect in Easily-Mistyped Tickers

Quantpedia
Jun 20, 2024

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Our new study aims to investigate the lead-lag effect between prominent, widely recognized stocks and smaller, less-known stocks with similar ticker symbols (for example, TSLA / TLSA), a phenomenon that has received limited attention in financial literature. The motivation behind this exploration stems from the hypothesis that investors, especially retail investors, may inadvertently trade on less-known stocks due to ticker symbol confusion, thereby impacting their price movements in a manner that correlates with the leading stocks. By examining this potential misidentification effect, our research seeks to shed some light on this interesting factor.

https://quantpedia.com/oh-my-i-bought-a-wrong-stock-investigation-of-lead-lag-effect-in-easily-mistyped-tickers/

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