Papers
9
Total Citations
132
H-Index
5
About
Guglielmo Maria Caporale is a leading financial economist whose research focuses on market efficiency, behavioral finance, and the dynamics of emerging digital assets. His most influential work examines price overreactions in cryptocurrency markets, including Bitcoin, Litecoin, Ripple, and Dash, demonstrating that these assets exhibit significant short-term anomalies that can be exploited for profit. His 2019 paper on this topic has garnered 54 citations, establishing a foundational understanding of investor behavior in volatile crypto environments. Caporale has also made substantial contributions to the study of market anomalies, such as the weekend effect and intraday patterns, using innovative methodologies like fractional integration and automated trading robots. His 2017 paper on short-term price overreactions (33 citations) identifies an “inertia anomaly,” while his 2015 trading robot analysis (21 citations) challenges the efficient market hypothesis by accounting for transaction costs. By combining rigorous statistical tests with practical trading strategies, Caporale bridges theoretical finance and real-world application. His work is essential reading for students and researchers interested in market microstructure, cryptocurrency economics, and the limits of market efficiency.
Research Focus
Key Achievements
Top Papers
- 1Price overreactions in the cryptocurrency market54 citations · 2019
- 2Short-Term Price Overreactions: Identification, Testing, Exploitation33 citations · 2017
- 3Intraday Anomalies and Market Efficiency: A Trading Robot Analysis21 citations · 2015
- 4The Weekend Effect: A Trading Robot and Fractional Integration Analysis7 citations · 2014
- 5Price Overreactions in the Cryptocurrency Market6 citations · 2018
- 6The weekend effect: a fractional integration and trading robot analysis4 citations · 2017
- 7Short-Term Price Overreactions: Identification, Testing, Exploitation3 citations · 2014
- 8Intraday Anomalies and Market Efficiency: A Trading Robot Analysis2 citations · 2014
- 9Price Overreactions in the Cryptocurrency Market2 citations · 2018