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Trading Frequency Anomalies in Infant Markets: The Test for Returns and Sensitivity of Shares and Portfolios

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Figure

Figure 1. Flow of funds in CAPM portfolio construction and performance assessment.
Table 1. Trading frequency in DSE.
Table 2. Annualized share returns, beta, Treynor ratio and zero returns of frequently traded shares
Table 3. Annualized share returns, beta, Treynor ratio and zero returns of frequently traded shares
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