Predicting stock returns using financial statement information
Article Abstract:
A study was conducted to evaluate the hypothesis that financial statement information can be effectively used in predicting abnormal stock returns in the UK. Pr trading and Prob trading approaches were utilized to examine the relevance of financial statement information in predicting stock returns. Results revealed that investor may use summary measure of financial statement information to earn abnormal returns but they may not be useful in predicting future stock returns.
Publication Name: Journal of Business Finance and Accounting
Subject: Business
ISSN: 0306-686X
Year: 1998
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The long-term price-earnings ratio
Article Abstract:
Derivation of new method of calculating price-earnings ratio, based on financial performance of British businesses since 1931, is presented.
Publication Name: Journal of Business Finance and Accounting
Subject: Business
ISSN: 0306-686X
Year: 2006
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An international analysis of historical and forecast earnings in accounting-based valuation models
Article Abstract:
Analysis of various models of accounting-based stock valuation, based on expected earnings per share, is presented.
Publication Name: Journal of Business Finance and Accounting
Subject: Business
ISSN: 0306-686X
Year: 2006
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