预期与股票价格结构

Expectations and the Structure of Share Prices

Canadian Journal of Economics · 1983
被引 8
ABS 3

中文导读

利用专业投资者对175家公司的增长预测数据,检验这些预测如何影响市场估值,并扩展传统股票定价模型。

Abstract

John G. Cragg and Burton G. Malkiel collected detailed forecasts of professional investors concerning the growth of 175 companies and use this information to examine the impact of such forecasts on the market evaluations of the companies and to test and extend traditional models of how stock market values are determined.

金融学资产定价行为金融市场效率