Author: Lucy F. Ackert
Publisher:
ISBN:
Category : Corporate profits
Languages : en
Pages : 12
Book Description
Rational Expectations and Security Analysts' Earnings Forecasts
Author: Lucy F. Ackert
Publisher:
ISBN:
Category : Corporate profits
Languages : en
Pages : 12
Book Description
Publisher:
ISBN:
Category : Corporate profits
Languages : en
Pages : 12
Book Description
The Magnitude and Timing of Analyst Forecast Response to Quarterly Earnings Announcements
Author: Lise Newman Graham
Publisher:
ISBN:
Category : Corporate profits
Languages : en
Pages : 334
Book Description
Publisher:
ISBN:
Category : Corporate profits
Languages : en
Pages : 334
Book Description
Rational Expectations and the Dynamic Adjustment of Security Analysts' Forecasts to New Information
Author: Lucy F. Ackert
Publisher:
ISBN:
Category : Corporate profits
Languages : en
Pages : 20
Book Description
Publisher:
ISBN:
Category : Corporate profits
Languages : en
Pages : 20
Book Description
Rational Expectations and the Dynamic Adjustment of Security Analysts' Forecast to New Information
An Evaluation of Security Analysts' Earnings Forecasts
Author: Y. H. Lui
Publisher:
ISBN:
Category : Stock price forecasting
Languages : en
Pages : 32
Book Description
Publisher:
ISBN:
Category : Stock price forecasting
Languages : en
Pages : 32
Book Description
Security Analyst Multi-year Earnings Forecasts and the Capital Market
Author: Philip Brown
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 188
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 188
Book Description
Are Markets Rational?
Company Valuation and Information in Analyst Forecasts
Author: Daniel Kreutzmann
Publisher: Logos Verlag Berlin GmbH
ISBN: 3832525297
Category : Business & Economics
Languages : en
Pages : 141
Book Description
This thesis focuses on the three primitive value drivers of each company valuation model that is based on fundamental analysis: the discount rate, the expected future payoffs during the explicit forecasting period, and the terminal value at the end of the explicit forecasting period. While the first factor is analyzed theoretically by incorporating the government into the classical valuation framework, this thesis studies the other two factors by investigating forecasts made by professional investors, i.e. financial analysts. In the first part we show that the government's and the shareholders discount rate usually differ and analyze how the government's and shareholders different objectives lead to conflicts in the context of capital budgeting. The empirical part of this thesis shows that macroeconomic information is frequently used by financial analysts when updating their earnings expecations and that target price forecastsmade by financial analysts can be used to predict abnormal returns.
Publisher: Logos Verlag Berlin GmbH
ISBN: 3832525297
Category : Business & Economics
Languages : en
Pages : 141
Book Description
This thesis focuses on the three primitive value drivers of each company valuation model that is based on fundamental analysis: the discount rate, the expected future payoffs during the explicit forecasting period, and the terminal value at the end of the explicit forecasting period. While the first factor is analyzed theoretically by incorporating the government into the classical valuation framework, this thesis studies the other two factors by investigating forecasts made by professional investors, i.e. financial analysts. In the first part we show that the government's and the shareholders discount rate usually differ and analyze how the government's and shareholders different objectives lead to conflicts in the context of capital budgeting. The empirical part of this thesis shows that macroeconomic information is frequently used by financial analysts when updating their earnings expecations and that target price forecastsmade by financial analysts can be used to predict abnormal returns.
Handbook of Security Analyst Forecasting and Asset Allocation
Author: John Guerard
Publisher: JAI Press(NY)
ISBN:
Category : Business & Economics
Languages : en
Pages : 264
Book Description
Part of a series on contemporary studies in economic and financial analysis, this volume focuses on security analyst forecasting and asset allocation. Topics include market response to earning forecasts; and the effectiveness of security analysts' forecasts; among others.
Publisher: JAI Press(NY)
ISBN:
Category : Business & Economics
Languages : en
Pages : 264
Book Description
Part of a series on contemporary studies in economic and financial analysis, this volume focuses on security analyst forecasting and asset allocation. Topics include market response to earning forecasts; and the effectiveness of security analysts' forecasts; among others.
Rational Expectation Properties of Analysts' Forecasts of Earnings and Their Use as Proxies for Market Expectations
Author: Ashiq Ali
Publisher:
ISBN:
Category : Business forecasting
Languages : en
Pages : 104
Book Description
Publisher:
ISBN:
Category : Business forecasting
Languages : en
Pages : 104
Book Description