Predictable Price Pressure
收藏数据链接:
官方服务:
资源简介:
We demonstrate that predictable uninformed cash flows forecast market and individual stock returns. Buying pressure from dividend payments (announced weeks prior) predicts higher value-weighted market returns, with returns for the top quintile of payment days four times higher than the lowest. This
提供机构:
美国国家经济研究局创建时间:
2022-11-01



