Does market timing work in Vietnam stock market, under the moderating roles of review frequency and profit target, during normal time and during time of crisis? (Record no. 31329)

MARC details
000 -LEADER
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005 - DATE AND TIME OF LATEST TRANSACTION
control field 20260818094110.0
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035 ## - SYSTEM CONTROL NUMBER
System control number .b1251214x
099 #9 - LOCAL FREE-TEXT CALL NUMBER (OCLC)
Classification number AIT Diss. no.DBA-SOM-26-03
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Le Minh Tuan
245 10 - TITLE STATEMENT
Title Does market timing work in Vietnam stock market, under the moderating roles of review frequency and profit target, during normal time and during time of crisis?
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Pathum Thani, Thailand :
Name of publisher, distributor, etc. Asian Institute of Technology,
Date of publication, distribution, etc. 2026
300 ## - PHYSICAL DESCRIPTION
Extent 634 leaves :
Other physical details ill.+
Accompanying material 1 online resource
490 1# - SERIES STATEMENT
Series statement Dissertation ;
Volume/sequential designation no. DBA-SOM-26-03
500 ## - GENERAL NOTE
General note A dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Business Administration
502 ## - DISSERTATION NOTE
Dissertation note Thesis (Ph.D.) - Asian Institute of Technology, 2026
520 ## - SUMMARY, ETC.
Summary, etc. This study is inspired by the burning question of my investment fund: (#1) 2should we continue to spend to increase the forecasting accuracy?3; or (#2) 2should we change to use a simple investment method to save cost?3. This study is based on the foundation of market timing research done for the US stock market by William Sharpe (1975); investigating the potential gains from market timing in Vietnam stock market; using the secondary data of the aggregate market index VNIndex (representing the whole stock market of Vietnam) and additional three leading blue chip stocks VCB/ FPT/ HPG; during time-frame of 12 years (2012{u2013}2023) representing a normal time and time-frame of 3 years (2019{u2013}2021) representing a time of crisis; under the moderating roles of review frequency and profit target.The outcome of this study contributes three new key understandings versus previous studies. First, while previous studies mostly confirmed the superior performance of perfect market timing in the developed and emerging stock markets, this study shows that perfect market timing does not deliver the outstanding investment performance in the context of frontier stock market like Vietnam, not only during the normal time but also during the time of crisis, as this is the first study to investigate the performance of market timing during the time of crisis. Second, while previous studies mostly confirm the negative moderating role of review frequency, this study shows that review frequency does not consistently moderate the measure of Sharpe Ratio, meaning the higher review frequency does not help to reduce risk. Third, while previous studies have not investigated the moderating role of profit target, this study (as the first study on this aspect) shows that the inverted U-shape is the mode of moderation, with specific upside-down quadratic function mode for VNIndex. This study also contributes practically with valuable implications for investors, contributes methodologically with new research methods, and suggests some recommendations for future research. Most importantly, this study concretely answers the above burning question of my investment fund: the answer is (#2) 2we should change to use a simple investment method to save cost3. Hopefully this study also provides helpful insights for other investors to find out the right direction in their investment journey.
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Investments
Geographic subdivision Vietnam
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Stock exchanges
Geographic subdivision Vietnam
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Speculation
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Badir, Yuosre F.,
Relator term Chairperson
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name White, Steven,
Relator term Examination Committee
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Santoso, Djoen San,
Relator term Examination Committee
810 2# - SERIES ADDED ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element Asian Institute of Technology.
Title of a work Dissertation ;
Volume/sequential designation no. DBA-SOM-26-03
856 40 - ELECTRONIC LOCATION AND ACCESS
Materials specified Full-Text
Uniform Resource Identifier <a href="http://203.159.5.9/ait-thesis/detail.php?q=B24599">http://203.159.5.9/ait-thesis/detail.php?q=B24599</a>
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998 ## - LOCAL CONTROL INFORMATION (RLIN)
Operator's initials, OID (RLIN) 0
Cataloger's initials, CIN (RLIN) 260625
First date, FD (RLIN) m
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945 ## - LOCAL PROCESSING INFORMATION (OCLC)
l mnarc
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type 67-Electronic Resource
909 ## - LOCAL ITEMS USED
Barcode Barcode : -
CREATED CREATED : 2026-06-25
RECORD Id RECORD # : i13609737
LPATRON LPATRON : 0
LCHKIN LCHKIN : -
RENEWALS # RENEWALS : 0
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-- TOT RENEW : 0
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Shelving location Date acquired Total checkouts Full call number Date last seen Copy number Price effective from Koha item type
      Available for Loans Asian Institute of Technology Library Asian Institute of Technology Library Archives 18/08/2026   AIT Diss. no.DBA-SOM-26-03 18/08/2026 1 18/08/2026 67-Electronic Resource
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