- Out-of-Stock
Analyst Earnings Forecasts, Individual Investors? Expectations and Trading Volume: An Experimental Approach [extrait BMI 141]
- Write a review
€50.00
Tax included
Version numérique PDF
This paper studies how analysts? earnings forecasts affect investors? expectations and trading decisions. From an experiment built on a double-auction market, we find that investors partially incorporate the forecasting information in their expectations and trading decisions. Investors partly correct for analysts? forecast errors and their expectations are less heterogeneous than analysts? forecasts. As for the trading volume, it is negatively driven by the heterogeneity of the analysts? forecasts but positively by the size of the forecast errors.Keywords: Analysts? Forecasts; Investor Expectations; Trading Volume; Experimental Asset Market; Earnings Announcement.JEL Codes: C91; G12; M41.Auteurs :Dinh Thanh Huong
Extrait de la revue BMI 141
BMI141-1126584
New
16 other products in the same category:
Availability: Out of stock
Sommaire
Articles
- How Risky are Low-Risk Hedge Funds?
- Hedge Funds Managerial Skill Revisited: A Quantile Regression Approach
- Multi-Asset Seasonality and Trend-Following Strategies
- New Insight on the Performance of Equity Long/short Investment Styles
- Editorial
Availability: Out of stock
- Risk-Based and Factor Investing
- Expected Credit Loss vs. Credit Value Adjustment: A Comparative Analysis
- Analyst Earnings Forecasts, Individual Investors’ Expectations and Trading Volume
- Changing Dynamic Relationships between Stock and Bond Markets in Crises
- Do Regulatory and Supervisory Reforms Affect European Bank Stability
Availability: Out of stock
Sommaire
Articles
- Active Portfolio Management with Conditional Tracking Error
- Bank Acquisitiveness and Financial Crisis Vulnerability
- Is Macroeconomic Announcement News Priced?
Focus On
- Basel III and Bank Liquidity Creation
![Editorial [extrait BMI 140]](https://eska-publishing.com/10935-home_default/editorial-extrait-bmi-140-.jpg)
