and among the best-performing univariate benchmarks, while still being truly out-of-sample. The ability to forecast …

We predict and find that revisions are driven by the same determinants as forecast errors. In addition to the intuitive … systematically bias their earnings forecasts. Taken together, both drivers explain about 42% of the variability in earnings forecast … downward revision to compensate for the initial induced forecast optimism …

less so. We confirm this prediction empirically for sell-side equity analysts' forecasts using a new measure of forecast …

paper is to investigate whether following the Tunisian stock market opening, both the analyst forecast accuracy and the … increasing with time. Second, we find evidence that earnings expectations are not mainly based on analyst forecast in the first … (2010–2015) as analyst forecast better explain returns and exhibit greater relative information content. …

In this paper, we examined and compared the forecast performances of the dynamic Nelson–Siegel (DNS), dynamic Nelson …–Siegel–Svensson (DNSS), and arbitrage-free Nelson–Siegel (AFNS) models after the financial crisis period. The best model for the forecast … that the AFNS is superior to the DNS model in the long forecast horizon. …