Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10010889609
We compare price-to-earnings ratios and dividend yields, which are indirect measures of sentiment, with the bullish sentiment index, which is a direct measure. We find that the sentiment index does better as a market-timing tool than do P/E ratios and dividend yields, but none is very reliable....
Persistent link: https://www.econbiz.de/10005679372