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Changing Impact of Analyst Recommendation Revisions over Time

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ISBN-10: 3844306927

ISBN-13: 9783844306927

Edition: N/A

Authors: Nadine Weber

List price: $68.00
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Description:

The Efficient Markets Hypothesis beholds that all public information is incorporated in the stock price. Yet economists question to what extent this holds, and these discussions are, among other factors, fuelled by the existence of analyst recommendations. If all information is already incorporated in the stock price, what value can analysts add? A comprehensive study on the German market finds that, indeed, a tangible effect is measured after analysts voice their recommendations; this effect is especially powerful when an analyst changes his recommendation to his previous one. Moreover, this book is the first to research how analyst recommendations have changed over time, whether analysts…    
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Book details

List price: $68.00
Publisher: Lambert Academic Publishing
Binding: Paperback
Pages: 72
Size: 6.00" wide x 9.00" long x 0.17" tall
Weight: 0.264
Language: English