Time to payoff: Efficacy of analyst recommendations in the Indian stock market

Abnormal excess returns are often used to measure the profitability of analyst recommendations. We study the liquidity of recommended strategies, by modelling the time to payoff. Using an event study methodology, we find that target prices are reached in about 43% of 392 technical calls and 52% of 2...

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Номзүйн дэлгэрэнгүй

Үндсэн зохиолчид:	Devlina Chatterjee, Saurabh Kumar, Purba Chatterjee
Формат:	Artigo
Хэл сонгох:	Inglês
Хэвлэсэн:	Elsevier 2020-06-01
Цуврал:	IIMB Management Review
Нөхцлүүд:	Analyst recommendations Technical analysis Fundamental analysis Survival analysis Stock market Liquidity
Онлайн хандалт:	http://www.sciencedirect.com/science/article/pii/S0970389617301751
Шошгууд:	Шошго нэмэх Шошго байхгүй, Энэхүү баримтыг шошголох эхний хүн болох!