Analysts Overreaction Underreaction To Earnings Information As An Explanation For Anomalous Stock Price Behavior
DOWNLOAD
Download Analysts Overreaction Underreaction To Earnings Information As An Explanation For Anomalous Stock Price Behavior PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Analysts Overreaction Underreaction To Earnings Information As An Explanation For Anomalous Stock Price Behavior book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Analysts Overreaction Underreaction To Earnings Information As An Explanation For Anomalous Stock Price Behavior
DOWNLOAD
Author : Jeffery Abarbanell
language : en
Publisher:
Release Date : 1991
Analysts Overreaction Underreaction To Earnings Information As An Explanation For Anomalous Stock Price Behavior written by Jeffery Abarbanell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Stocks categories.
The Handbook Of Equity Market Anomalies
DOWNLOAD
Author : Leonard Zacks
language : en
Publisher: John Wiley & Sons
Release Date : 2011-08-24
The Handbook Of Equity Market Anomalies written by Leonard Zacks and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-08-24 with Business & Economics categories.
Investment pioneer Len Zacks presents the latest academic research on how to beat the market using equity anomalies The Handbook of Equity Market Anomalies organizes and summarizes research carried out by hundreds of finance and accounting professors over the last twenty years to identify and measure equity market inefficiencies and provides self-directed individual investors with a framework for incorporating the results of this research into their own investment processes. Edited by Len Zacks, CEO of Zacks Investment Research, and written by leading professors who have performed groundbreaking research on specific anomalies, this book succinctly summarizes the most important anomalies that savvy investors have used for decades to beat the market. Some of the anomalies addressed include the accrual anomaly, net stock anomalies, fundamental anomalies, estimate revisions, changes in and levels of broker recommendations, earnings-per-share surprises, insider trading, price momentum and technical analysis, value and size anomalies, and several seasonal anomalies. This reliable resource also provides insights on how to best use the various anomalies in both market neutral and in long investor portfolios. A treasure trove of investment research and wisdom, the book will save you literally thousands of hours by distilling the essence of twenty years of academic research into eleven clear chapters and providing the framework and conviction to develop market-beating strategies. Strips the academic jargon from the research and highlights the actual returns generated by the anomalies, and documented in the academic literature Provides a theoretical framework within which to understand the concepts of risk adjusted returns and market inefficiencies Anomalies are selected by Len Zacks, a pioneer in the field of investing As the founder of Zacks Investment Research, Len Zacks pioneered the concept of the earnings-per-share surprise in 1982 and developed the Zacks Rank, one of the first anomaly-based stock selection tools. Today, his firm manages U.S. equities for individual and institutional investors and provides investment software and investment data to all types of investors. Now, with his new book, he shows you what it takes to build a quant process to outperform an index based on academically documented market inefficiencies and anomalies.
Company Valuation And Information In Analyst Forecasts
DOWNLOAD
Author : Daniel Kreutzmann
language : en
Publisher: Logos Verlag Berlin GmbH
Release Date : 2010
Company Valuation And Information In Analyst Forecasts written by Daniel Kreutzmann and has been published by Logos Verlag Berlin GmbH this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
This thesis focuses on the three primitive value drivers of each company valuation model that is based on fundamental analysis: the discount rate, the expected future payoffs during the explicit forecasting period, and the terminal value at the end of the explicit forecasting period. While the first factor is analyzed theoretically by incorporating the government into the classical valuation framework, this thesis studies the other two factors by investigating forecasts made by professional investors, i.e. financial analysts. In the first part we show that the government's and the shareholders discount rate usually differ and analyze how the government's and shareholders different objectives lead to conflicts in the context of capital budgeting. The empirical part of this thesis shows that macroeconomic information is frequently used by financial analysts when updating their earnings expecations and that target price forecastsmade by financial analysts can be used to predict abnormal returns.
Advances In Behavioral Finance Volume Ii
DOWNLOAD
Author : Richard H. Thaler
language : en
Publisher: Princeton University Press
Release Date : 2005-07-25
Advances In Behavioral Finance Volume Ii written by Richard H. Thaler and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-07-25 with Business & Economics categories.
A definitive and wide-ranging overview of developments in behavioural finance over the past ten years. This second volume presents twenty recent papers by leading specialists that illustrate the abiding power of behavioural finance.
Judgment And Decision Making Research In Accounting And Auditing
DOWNLOAD
Author : Robert H. Ashton
language : en
Publisher: Cambridge University Press
Release Date : 1995-09-29
Judgment And Decision Making Research In Accounting And Auditing written by Robert H. Ashton and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-09-29 with Business & Economics categories.
A timely and comprehensive study on behavioural decision-making within the field of accounting.
Multinationality Earnings Efficiency And Market Considerations
DOWNLOAD
Author : Ahmed Riahi-Belkaoui
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 2001-12-30
Multinationality Earnings Efficiency And Market Considerations written by Ahmed Riahi-Belkaoui and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-12-30 with Business & Economics categories.
The impact of multinationality on the operations of a firm is clear and strong. Riahi-Belkaoui shows how it affects the known relationships between earnings, efficiency, disclosure, and market valuation by its role as a dependent, moderating, intervening antecedant or consequent variable. Its impact can be felt, for example, in relationships and phenomena such as the timeliness and the informativeness of earnings, the underreaction of securities analysts, post-earnings announcement drifts, and the level and quality of disclosure. An understanding of multinationality in the earnings-disclosure-efficiency-market valuation relationship can also be used by accountants and researchers in their daily activities, and by corporate executives in multinational organizational decision making. The result is a useful, probing exploration for academics and practitioners alike.
The Analysis And Use Of Financial Statements
DOWNLOAD
Author : Gerald I. White
language : en
Publisher: John Wiley & Sons
Release Date : 2002-12-30
The Analysis And Use Of Financial Statements written by Gerald I. White and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-12-30 with Business & Economics categories.
Accounting Standards (US and International) have been updated to reflect the latest pronouncements. * An increased international focus with more coverage of IASC and non-US GAAPs and more non-US examples.
Advances In Quantitative Analysis Of Finance And Accounting New Series 2011 Vol 9
DOWNLOAD
Author : Cheng F. Lee
language : en
Publisher: Center for PBBEFR & Airiti Press
Release Date : 2011-10-01
Advances In Quantitative Analysis Of Finance And Accounting New Series 2011 Vol 9 written by Cheng F. Lee and has been published by Center for PBBEFR & Airiti Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-01 with Business & Economics categories.
Advances in Quantitative Analysis of Finance and Accounting (New Series) is an annual publication designed to disseminate developments in the quantitative analysis of finance and accounting. The publication is a forum for statistical and quantitative analyses of issues in finance and accounting as well as applications of quantitative methods to problems in financial management, financial accounting, and business management. The objective is to promote interaction between academic research in finance and accounting and applied research in the financial community and the accounting profession.
Determinants Of Earnings Forecast Error Earnings Forecast Revision And Earnings Forecast Accuracy
DOWNLOAD
Author : Sebastian Gell
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-03-26
Determinants Of Earnings Forecast Error Earnings Forecast Revision And Earnings Forecast Accuracy written by Sebastian Gell and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-26 with Business & Economics categories.
Earnings forecasts are ubiquitous in today’s financial markets. They are essential indicators of future firm performance and a starting point for firm valuation. Extremely inaccurate and overoptimistic forecasts during the most recent financial crisis have raised serious doubts regarding the reliability of such forecasts. This thesis therefore investigates new determinants of forecast errors and accuracy. In addition, new determinants of forecast revisions are examined. More specifically, the thesis answers the following questions: 1) How do analyst incentives lead to forecast errors? 2) How do changes in analyst incentives lead to forecast revisions?, and 3) What factors drive differences in forecast accuracy?
The Black Swan
DOWNLOAD
Author : Nassim Nicholas Taleb
language : en
Publisher: Penguin UK
Release Date : 2008-04-03
The Black Swan written by Nassim Nicholas Taleb and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-03 with Philosophy categories.
The phenomenal international bestseller that shows us how to stop trying to predict everything - and take advantage of uncertainty What have the invention of the wheel, Pompeii, the Wall Street Crash, Harry Potter and the internet got in common? Why are all forecasters con-artists? Why should you never run for a train or read a newspaper? This book is all about Black Swans: the random events that underlie our lives, from bestsellers to world disasters. Their impact is huge; they're impossible to predict; yet after they happen we always try to rationalize them. 'Taleb is a bouncy and even exhilarating guide ... I came to relish what he said, and even develop a sneaking affection for him as a person' Will Self, Independent on Sunday 'He leaps like some superhero of the mind' Boyd Tonkin, Independent