- 1
- Morgan Stanley Capital International. MSCI indices are the most widely used benchmarks by global portfolio managers.
- 2
- At the moment of writing the stock markets are reaching new lows.
- 3
- See section 3.2, page ??, for an explanation. Separate ACFs of the returns are computed for each stock market index, but not presented here to save space. The tables are available upon request from the author.
- 4
- These results are not presented here to save space.
- 5
- Computations are also done for the 0.10, 0.50, 0.75 and 1% costs per trade cases but the results are not presented here to save space. The results are available upon request from the author.
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