Intraday predictability and return patterns in the swedish stock market

Based upon earlier research on intraday patterns and predictability in markets, this research paper has applied a quantitative method to investigate if there is intraday return predictability on the Swedish stock market and what return pattern the market exhibits. The research conducted has applied differential statistical tests for pattern recognition and predictability development. For pattern recognition, the study used average return data with application of hypothesis testing and found that the Swedish stock market exhibits similarities with the J-shaped pattern. Additionally, implementing panel data with pooled OLS regressions and using lagged returns, the results indicate that the market exhibits short-term return predictability.