Similar Search Results

Kerl, Alexander G. - In: BuR - Business Research 4 (2011) 1, pp. 74-96

This study analyzes the accuracy of forecasted target prices within analysts' reports. We compute a measure for target price forecast accuracy that evaluates the ability of analysts to exactly forecast the ex-ante (unknown) 12-month stock price. Furthermore, we determine factors that explain...

Persistent link: https://www.econbiz.de/10010421358

An analysis of the relation between return and beta for portfolios of Turkish equities

Terregrossa, Salvatore J.; Eraslan, Veysel - In: Cogent Economics & Finance 4 (2016) 1, pp. 1-8

the capital asset pricing model (CAPM). Enhanced accuracy of expected asset-return, in turn, may lead to more accurate …

Persistent link: https://www.econbiz.de/10011559212

The information content and redistribution effects of state and municipal rating changes in Mexico

Mendoza-Velázquez, Alfonso - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-38, pp. 1-21

State and Municipal governments on bond returns in Mexico. By employing a Capital Asset Pricing Model (CAPM) structure for …

Persistent link: https://www.econbiz.de/10010332965

Economic returns and risks to investment in education: An application of the multifactor CAPM

Athanassiadis, Antonios - In: International Journal of Economic Sciences and Applied … 4 (2011) 1, pp. 95-120

Multifactor CAPM. Following this model we assess, except market risk, the impact of three key macroeconomic variables (investments …

Persistent link: https://www.econbiz.de/10010289400

Systematic Risk Assesment Using OLS Method - The Case of the Capital Market of Bosnia and Herzegovina

Zaimovic, Azra - In: Economic Review: Journal of Economics and Business 10 (2012) 1, pp. 13-23

The Sharpe-Lintner Capital Asset Pricing Model (CAPM) implies a simple linear equation for pricing risky financial … assets, individually and in portfolios. CAPM finds that the relevant risk measure of individual financial assets held as a … estimate the standard Sharpe-Linter CAPM model. As in most other new markets, this market has a non-synchronous trading problem …

Persistent link: https://www.econbiz.de/10011985061

A look at the actual cost of capital of US firms

Moore, David J. - In: Cogent Economics & Finance 4 (2016) 1, pp. 1-15

The capital asset pricing model (CAPM) receives both criticism and widespread adoption by practitioners and academics … to address CAPM criticisms and provide new perspective on WACC estimates. The firm-based measure focuses on firm …-based WACC measures, along with the traditional CAPM-based WACC measure, to a broad sector-based cross section from 1972 to 2015 …

Persistent link: https://www.econbiz.de/10011988697

Goodness-of-fit versus significance: A CAPM selection with dynamic betas applied to the Brazilian stock market

de Pinho Ronzani, André Ricardo; Candido, Osvaldo; … - In: International Journal of Financial Studies 5 (2017) 4, pp. 1-21

In this work, a Capital Asset Pricing Model (CAPM) with time-varying betas is considered. These betas evolve over time …-at-Risk) measures are calculated. We can conclude that CAPM with time-varying betas provide less conservative VaR measures than those … based on CAPM with static betas or historical VaR. …

Persistent link: https://www.econbiz.de/10011996066

Can social media marketing lead to abnormal portfolio returns?

Bank, Semra; Yazar, Evrim Erdogan; Sivri, Ugur - In: European Research on Management and Business Economics … 25 (2019) 2, pp. 54-62

This study tests the impact of usage of Twitter as a microblogging service provider on shareholders’ returns and abnormal returns. In accordance with this purpose, two portfolios were created based on measurement of whether firms had a Twitter account and, if so, their number of followers and...

Persistent link: https://www.econbiz.de/10012115962

Capital asset pricing model testing at Warsaw Stock Exchange: Are family businesses the remedy for economic recessions?

Lipiec, Jacek - In: International Journal of Financial Studies 2 (2014) 3, pp. 266-279

In this article, we test the capital asset pricing model (CAPM) on the Warsaw Stock Exchange (WSE) by measuring the …

Persistent link: https://www.econbiz.de/10011708965

Back to the future betas: Empirical asset pricing of US and Southeast Asian markets

French, Jordan - In: International Journal of Financial Studies 4 (2016) 3, pp. 1-13

. The crux of the traditional Capital Asset Pricing Model (CAPM) methodology is using historical data in the calculation of …

Persistent link: https://www.econbiz.de/10011709010