This study shows that the recent trajectory of a firm's profits predicts future profitability and stock returns. The … predictive information contained in the trend of profitability is not subsumed by the level of profitability, earnings momentum …, or other well-known determinants of stock returns. The profit trend also predicts the earnings surprise one quarter later …

stocks. While long-short (zero initial outlay) portfolios based on this signal usually make a profit on average, it is rarely …

the ROE can be improved?6. The ROE depends on net profit margin, turnover of CE and financial leverage. When financial … Economic Profit (EP) and the Economic Value Added (EVA). What is the EP and what does it indicate? What is EVA an what does it …

We find that mutual funds holding a larger concentration of high gross profitability stocks generate better future … performance. The outperformance of these funds is not driven by a profitability-related risk premium and is not a byproduct of … profitability anomaly possess greater skill and create value by attracting future fund inflows and by growing fund assets under …

This paper examines the influence of corporate governance systems on insiders' ability to profit from their information … significantly reduces the profitability of insider sales but not that of insider purchases. Given that sales involve greater legal … risk. We also find that better-governed firms reduce the profitability of insider sales by increasing the likelihood of …

This paper examines the profitability of momentum strategies within the Malaysian stock market. Its also investigates …

Paper analyzes the relationship between the profitability of currency momentum strategy and its potential sources … for this relationship can magnify its profitability. Investor attention also seems to have an impact on the profitability …