中文文獻部分
史凱琳(1998)，過度反應假說在台灣股票市場之實證研究，國立中央大學企業管理碩士論文李舒禾(2004)，台灣股市選股策略獲利能力分析，國立成功大學會計所碩士論文。吳建臺(2006)，動能投資策略分析，國立中央大學財務金融所博士論文。周建忠(2000)，投資期間與反向投資策略績效評估，中央大學財務管理所碩士論文。林秋輝(2007)，台灣動能策略研究，國立中山大學財務管理研究所在職專班論文。
洪茂蔚、林宜勉、劉志諒(2002)，股市動能投資策略報酬來源與風險因子之研究。
高耀宇(2006)，反向操作策略獲利性之研究以台灣股市為例，國立中央大學財務金融所碩士在職專班論文。陳正佑(2002)，台股動量策略與反向策略投資績效之研究，中山大學財務管理所博士論文。蔡淵德(2002)，台灣股市「漲則重勢，跌則重質」之實證研究，中央大學碩士財務管理所論文。
蘇永裕(2003)，追漲殺跌策略報酬與景氣循環之間互動關係之研究，國立雲林科技大學財務金融碩士論文。英文文獻部分
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