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Earnings belief risk and the cross-section of stock returns

Gibson Brandon, Rajana; Wang, Songtao - In: Review of finance : journal of the European Finance … 24 (2020) 5, pp. 1107-1158

Persistent link: https://www.econbiz.de/10012403814

Why does operating profitability predict returns? : new evidence on risk versus mispricing explanations

Ahmed, Anwer S.; Neel, Michael; Safdar, Irfan - In: Accounting and finance 64 (2024) 2, pp. 1243-1276

Persistent link: https://www.econbiz.de/10015164378

The 52-week high, q-theory, and the cross section of stock returns

George, Thomas J.; Hwang, Chuan-Yang; Li, Yuan - In: Journal of financial economics 128 (2018) 1, pp. 148-163

Persistent link: https://www.econbiz.de/10011970872

Dispersion in Options Investors’ Versus Analysts’ Expectations : Predictive Inference for Stock Returns

Andreou, Panayiotis C. - 2019

We create a market-wide measure of dispersion in options investors' expectations by aggregating across all stocks the dispersion in trading volume across moneynesses (DISP). DISP exhibits strong negative predictive power for future market returns and its information content is not subsumed by...

Persistent link: https://www.econbiz.de/10012905055

Investor Learning, Earnings Signals, and Stock Returns

Chiu, Peng-Chia - 2019

investor learning about profitability signals underlying earnings. We show that modified earnings variables with lower …, learning efforts to date have been suboptimal at exploiting profitability signals within firms' earnings streams …

Persistent link: https://www.econbiz.de/10012891102

Connecting expected stock returns to accounting valuation multiples : a primer

Chattopadhyay, Akash; Lyle, Matthew R.; Wang, Charles C. Y. - 2021

We outline a framework in which accounting “valuation anchors" could be connected to expected stock returns. Under two general conditions, expected log returns is a log- linear function of a valuation (market value-to-accounting) multiple and the expected growth in the valuation anchor. We...

Persistent link: https://www.econbiz.de/10012511896

Expected stock returns worldwide : a log-linear present-value approach

Chattopadhyay, Akash; Lyle, Matthew R.; Wang, Charles C. Y. - In: The accounting review : a publication of the American … 97 (2022) 2, pp. 107-133

Persistent link: https://www.econbiz.de/10013198687

Expected profitability and the cross-section of stock returns

Lin, Qi; Lin, Xi - In: Economics letters 183 (2019), pp. 1-8

Persistent link: https://www.econbiz.de/10012122451

Profit persistence and stock returns

Gschwandtner, Adelina; Hauser, Michael A. - 2013

back on work in industrial organization, we analyze the relationship between profit persistence and expected stock returns …. We show that long-run profit persistence together with other additional economic firm fundamentals have a significant …

Persistent link: https://www.econbiz.de/10010210263

Impact of profitability on stock returns based on the price, return and differenced modelsin Theran stock exchange

Foroghi, Daruosh; Jahromy, Mohammad Ebrahimi - In: International journal of applied business and economic … 13 (2015) 2, pp. 955-970

Persistent link: https://www.econbiz.de/10011377046