factors. This paper builds a theoretical model to forecast excess returns on treasury bonds in the context of China's unique …

returns and able to impressively predict future returns, this study examines these trading characteristics during both the … trading day and the after-hours period. Interestingly, we find short sellers are less contrarian and subsequently more …-hours trading than during regular trading hours. These results indicate that higher levels of information asymmetry and price …

This study tests the performance of stock market forecasts derived from technical analysis by means of a specific …. Two test statistics are introduced to utilize the indicator. The results show that the forecasts generated from the … indicator would enable investors to escape most of the crashes and catch most of the bull runs. The trading signals provided by …

analyst report readability reduces forecast dispersion but is not associated with revision news, and that market reactions are … forecast dispersion predicted by report readability. Finally, the positive effect of readability on stock prices is higher when … more R&D spending, when transaction costs are higher, when analysts are more experienced, or when forecasts are issued …

significantly forecast mutual-fund returns from April 2008 to March 2011 for Indian market. The indicator of monetary conditions, i ….e., the MIBOR premium, is found to have the strongest forecast power. Multivariate analysis confirms that the four predictors …

decision as an exogenous shock, I find that cross-predictability is weaker for firms that are restricted from actively engaging …