Recent studies have used the value spread to predict aggregate stock returns to construct cash-flow betas that appear to explain the size and value anomalies. We show that two related variables, the book-to-market spread (the book-to-market of value stocks minus that of growth stocks) and the...

The PER is the most commonly used parameter in the stock market. The PER is the result of dividing the equity market value by the company's profit after tax.The PER depends on a number of factors, some of which are out of the company's control, such as variations in interest rates, and others...

The objective of this paper is to investigate the stock return's predictability by using financial ratios and control variable of PSX 100 Index companies during period from 2001-2014. The current study mainly focuses on investigating better predictor of stock returns. The methodology is based on...

This study attempts to investigate financial ratios' predictive power, using the yearly time series data during the period of 2012-2017 for 33 listed manufacturing companies in Colombo Stock Exchange. This study specifically identifies the financial ratios, which are acknowledged as the...

There is a standard trade-off in contracts between the provision of incentives and insurance. We hypothesize that this trade-off influences the precision with which firm performance is measured. We find that firm outcomes are measured less precisely when chance plays a large role in these...

The importance of stock returns and Economic Value-Added (EVA) have attracted various research scholars over the past several years. The present study is an analytical attempt to critically evaluate the relationship between stock returns and EVA. The study considers a sample of 50 companies...