搜索结果: 1-8 共查到“经济学 stock prices”相关记录8条 . 查询时间(0.042 秒)
Impact of Earnings Smoothness on Stock Prices, Stock Returns and Future Earnings Changes – the Polish Experience
Earnings smoothness Stock returns Stock valuation Valuation multiples
2016/1/27
Capital markets appreciate stability. It means that companies reporting smooth earnings patterns tend to be priced relatively high. However, the empirical issue is whether such valuation premiums for ...
Do International Agreements Make Reforms More Credible? The Impact of NAFTA on Mexican Stock Prices
Reforms More Credible Mexican Stock Prices
2015/6/5
This paper argues that international commercial agreements can enhance the credibility of trade
liberalization by mitigating two problems – adverse selection and time-inconsistency – that
sometimes ...
Stock prices assessment: proposal of a new index based on volume weighted historical prices through the use of computer modeling
Agent based simulation Computer modeling, Complex systems Financial analysis Stock market Stock price Volume weighted average price Stock price index.
2012/9/14
The importance of considering the volumes to analyze stock prices movements can be considered as a well-accepted practice in the financial area. However, when we look at the sc...
A Comprehensive Analysis of Time Series Segmentation on the Japanese Stock Prices
Tokyo Stock Exchange Jensen-Shannon divergence volatility
2012/6/2
This study conducts a comprehensive analysis of time series segmentation on the Japanese stock prices listed on the first section of the Tokyo Stock Exchange during the period from January 4, 2000 to ...
Gain/loss asymmetry in time series of individual stock prices and its relationship to the leverage effect
gain/loss asymmetry leverage effect EGARCH retarded volatility model
2010/11/3
Previous research has shown that for stock indices, the most likely time until a return of a
particular size has been observed is longer for gains than for losses. We establish that this so-called ga...
Nonlinear Mean Reversion in Stock Prices
Fundamental value mean reversion present value model STAR model
2010/9/7
In this paper we investigate mean reversion dynamics in the deviation of the yearly S&P 500 index from its fundamental value. We consider different versions of the present value model with constant an...
Illiquidity Discount in the Czech Republic: Comparison of Stock Prices at the Prague Stock Exchange and the Off-Exchange RMS
Lack of marketability discount Share-holder level discount Liquidity
2010/10/20
The Czech Republic – a transitional economy with an emerging market – suffers from a low level of efficiency and liquidity of capital markets together with a high level of information asymmetry i...
Forecasting Crashes: Trading Volume, Past Returns and Conditional Skewness in Stock Prices
Crashes Trading volume Skewness
2014/3/18
We develop a series of cross-sectional regression specifications to forecast skewness in the daily returns of individual stocks. Negative skewness is most pronounced in stocks that have experien...