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. Accordingly, investors often want to minimize downside volatility as a part of their portfolio planning. Investors already have … several tools to measure downside volatility, including the lower partial moment and the maximum drawdown. The performance … Index is a volatility measure that only captures continuous downside movements in share price, and ignores upside volatility …
Persistent link: https://www.econbiz.de/10009746020
that crowdsourced forecasts help investors unravel sell-side forecast bias and affect managers' ability to profit from …
Persistent link: https://www.econbiz.de/10012848004
Finance literature highlights various reasons for stock performance subsequent to earnings announcements. However, other moving parts in these scenarios must also be simultaneously specified. While both revenue and earnings surprises are important for determining stock performance,...
Persistent link: https://www.econbiz.de/10012849035
Post-earnings announcement drift is stronger in firms that release earnings on days when market returns are higher in magnitude. This drift remains robust after controlling for previously documented factors such as Friday releases, the number of simultaneous releases, and price delay measure....
Persistent link: https://www.econbiz.de/10012899887
This study aims to determine the impact of inflation, Earning per Share (EPS), Price Earnings Ratio (PER) on stock prices. This study was conducted in one of the Food and Beverage Industry companies listed in Indonesia Stock Exchange (IDX), namely PT. Siantar Top Tbk during the period 2010-2016....
Persistent link: https://www.econbiz.de/10012910038
, stock return volatility around earnings releases increased, suggesting that the regulation improved the information flow. We …
Persistent link: https://www.econbiz.de/10012930112
be attributable to ex ante earnings volatility, and they are robust to alternative sample selection criteria, sub …
Persistent link: https://www.econbiz.de/10012891102
We examine the relationship between analysts' stock recommendations and cash flow forecasts, and whether these recommendations and cash flow forecasts provide investors with useful information to identify mispriced securities. In doing so, the paper contributes to the ongoing debate regarding...
Persistent link: https://www.econbiz.de/10012971089
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