Abstrakt:
The aim of this article will be to analyse one of calendar effects - Monday effect. In testing, we will not just go through analysing price returns, but we will study the values of the measurement of investment success. Therefore, we will determine the Win Ratio, Profit Factor, and Profit Loss Ratio. For hypothesis testing, we suggest appropriate statistical tests. We will work with the prices of the period from January 2005 to October 2018 for 29 stock companies that are part of the DJA index.
