The study adds an empirical outlook on the predicting power of using data from the future to predict future returns. The crux of the traditional Capital Asset Pricing Model (CAPM) methodology is using historical data in the calculation of the beta coefficient. This study instead uses a battery...

Purpose: The purpose of this paper is to provide insight to practitioners who wish to forecast market returns based on event occurrences. Design/methodology/approach: Using 64 distinct events that reoccurred from 2007 to 2016 in six different nations of both developing and developed economies,...

The study adds an empirical outlook on the predicting power of using data from the future to predict future returns. The crux of the traditional Capital Asset Pricing Model (CAPM) methodology is using historical data in the calculation of the beta coefficient. This study instead uses a battery...