Essays about: "analysts forecast"
Showing result 11 - 15 of 32 essays containing the words analysts forecast.
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11. Barbarians at the bell? A study on private equity-sponsored companies' post-IPO operating performance in relation to analysts' estimates in the Nordics
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : This study examines the association between private equity (PE) sponsorship and analysts' forecast errors in the context of initial public offerings (IPOs) in the Nordics. The sample of 90 observations is collected using offering data from firms listed on the main lists in Sweden, Finland, Denmark and Norway covering the time period 2011-2016. READ MORE
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12. Momentum in Stock Returns Following Dispersion and Consensus in Analysts' Forecasts
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : Our study shows that it is possible for an investor to employ profitable zero-cost portfolio strategies on the OMX Stockholm Benchmark Index that exploit momentum following analysts' forecasts. The significant alpha of the monthly rebalanced long-short portfolios suggests that the analysts' forecasts momentum should be exploited within a month. READ MORE
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13. The Black Litterman Asset Allocation Model : An empirical comparison of approaches for estimating the subjective view vector and implications for risk-return characteristics
University essay from Linköpings universitet/NationalekonomiAbstract : Background In the early 90’s, Black and Litterman extended the pioneering work of Markowitz by developing a model combining qualitative and quantitative research in a delicate optimization process. It allows for a subjective view parameter in a quantitative model and with absent views, the investor will have no reason to deviate from the market equilibrium portfolio. READ MORE
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14. Intangible Assets and Analyst Forecast Errors
University essay from Göteborgs universitet/Graduate SchoolAbstract : We examine whether firms’ total underlying intangible assets and the proportion of capitalized intangibles assets are related to analyst forecast errors, using a sample of listed firms using IFRS on the European stock markets. Previous research has shown that firms with high levels of intangible assets are more difficult for analysts to forecast correctly due to the uncertainty and complexity of intangible assets. READ MORE
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15. Financial Analysts' Herding Behavior in a Fluctuating Macro-economy
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : Financial analysts make forecasts that are either herded or bold. The accuracy of the forecast varies, and could be influenced by economic- and personal matters. READ MORE
