Essays about: "Post-Earnings Announcement Drift"

Showing result 6 - 10 of 23 essays containing the words Post-Earnings Announcement Drift.

  1. 6. Moving through the clinical pipeline

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Lukas Björklund; [2019]
    Keywords : Business and Economics;

    Abstract : Biotech companies on the stock market follow a rigorous clinical process for their product development. The implications of this for investors is an alternative approach to stock valuation that incorporates the uncertainty to the potential future cash flows will be realized. READ MORE

  3. 7. Earnings announcements and the Stockholm Stock Exchange: Irrational investors and market inefficiency

    University essay from Göteborgs universitet/Graduate School

    Author : Bo Bergsten; [2016-09-21]
    Keywords : ;

    Abstract : Earlier research has demonstrated the existence of the anomaly post earnings announcement drift (PEAD) on several efficient markets; i.e. the phenomenon where an unexpectedly good (bad) earnings report causes a firms share price to outperform (underperform) the market for an extended time period after the report. READ MORE

  4. 8. Post Earnings-Announcement Drift : A Comparative Study on the Impact of Measure Calculations

    University essay from KTH/Matematisk statistik

    Author : Hampus Hagström; [2016]
    Keywords : ;

    Abstract : This thesis investigate the phenomenon of post earnings-announcement drift where good (bad) interim reports are followed by an upward (downward) drift in stock price. The main question is whether the specific construction of the drift measure has any impact on the drift. READ MORE

  5. 9. The relationship between media coverage and post-earnings announcement drift

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Johanna Edebert; Terese Ray; [2016]
    Keywords : Post-earnings announcement drift; Media; Limited investor attention;

    Abstract : We investigate empirically if there is a connection between media coverage and post- earnings announcement drift. We test and find support for both our hypotheses; media coverage is positively associated with both earnings surprises and the drift following earnings announcements. READ MORE

  6. 10. Swedish Post Earnings Announcement Drift: Implications of Past Earnings on Market Anticipation

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Jan Ackermand; Filip Berglönn; [2016]
    Keywords : Post Earnings Announcement Drift; Market Anticipation; Market Efficiency; Momentum;

    Abstract : This thesis investigates how the Swedish market realizes the full implications of past earnings for future earnings. This builds on previous studies on Post Earnings Announcement drift and sets out to expand on previous findings on the Swedish market. READ MORE