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Journal articles (1996), Economics Letters, pp. 265-269

Minimal Returns and the Breakdown of the Price-volume Relation

BALDUZZI P., KALLAL H., LONGIN François

This paper examines stock-market prices and transaction volumes on the day where daily returns are minimal (in the year), from 1885 to 1990 in the New York Stock Exchange. We found that large minimal returns (in absolute terms) show little correlation with transaction volumes.

BALDUZZI, P., KALLAL, H. and LONGIN, F. (1996). Minimal Returns and the Breakdown of the Price-volume Relation. Economics Letters, pp. 265-269.