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Equity studies are conducted by professionals, who also provide buy/hold/sell recommendations to investors. Nowadays, target prices determined by financial analysts are publicly available to investors, who may decide to use them for investment purposes. Studying the accuracy of such analysts'...
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einer naiven Random Walk Prognose. Auch die Verwendung des Terminkurses als Prognose für die zukünftige … dar, von der sie sich bei der Erstellung der Prognose nicht lösen können. Zum anderen erfolgt die Anpassung der Prognose …
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, although they are supposed to be displayed in euros, which can severely distort results concerning earnings forecast accuracy …
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