Quick Finance Tip – Market Anomaly

​Market anomaly occurs if a change in the price of an asset or security cannot directly be linked to current relevant information known in the market or to the release of new information. In the search for discovering anomalies, many finding could just be a product of data mining (aka data snooping). Although identified anomalies may frequently appear to produce excess returns, it is difficult to exploit after accounting for risk, trading costs, and other factors.