Diagnostic Expectations and Stock Returns
收藏NBER2017-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23863
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资源简介：
We revisit La Portas (1996) finding that returns on stocks with the most optimistic analyst long term earnings growth forecasts are substantially lower than those for stocks with the most pessimistic forecasts. We document that this finding still holds, and present several further facts about the
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美国国家经济研究局创建时间：
2017-09-01
