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Volumn 39, Issue 2, 2001, Pages 329-335

The inefficiency of the mean analyst forecast as a summary forecast of earnings

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EID: 0035602850     PISSN: 00218456     EISSN: None     Source Type: Journal    
DOI: 10.1111/1475-679X.00015     Document Type: Article
Times cited : (41)

References (12)
  • 1
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    • Tests of analysts' overreaction/underreaction to earnings information as an explanation for anomalous stock price behavior
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    • ABARBANELL, J., AND V. BERNARD."Tests of Analysts' Overreaction/Underreaction to Earnings Information as an Explanation for Anomalous Stock Price Behavior." Journal of Finance (July 1992): 1181-1207.
    • (1992) Journal of Finance , pp. 1181-1207
    • Abarbanell, J.1    Bernard, V.2
  • 2
    • 0031285990 scopus 로고    scopus 로고
    • Fundamental analysis, future earnings, and stock prices
    • Spring
    • _, AND B. BUSHEE."Fundamental Analysis, Future Earnings, and Stock Prices." Journal of Accounting Research 35 (Spring 1997): 1-24.
    • (1997) Journal of Accounting Research , vol.35 , pp. 1-24
    • Bushee, B.1
  • 3
    • 0003373103 scopus 로고
    • Analysts' use of information about permanent and transitory earnings components in forecasting annual EPS
    • ALI, A.; A. KLEIN; AND J. ROSENFELD."Analysts' Use of Information About Permanent and Transitory Earnings Components in Forecasting Annual EPS." The Accounting Review 67 (1992): 183-98.
    • (1992) The Accounting Review , vol.67 , pp. 183-198
    • Ali, A.1    Klein, A.2    Rosenfeld, J.3
  • 5
    • 21844487741 scopus 로고
    • Reductions in analysts' annual earnings forecast error using information in prior earnings and security returns
    • Autumn
    • ELGERS, P., AND M. LO."Reductions in Analysts' Annual Earnings Forecast Error Using Information in Prior Earnings and Security Returns." Journal of Accounting Research 32 (Autumn 1994): 290-303.
    • (1994) Journal of Accounting Research , vol.32 , pp. 290-303
    • Elgers, P.1    Lo, M.2
  • 6
    • 0000704659 scopus 로고
    • Evidence from archival data on the relation between security analysts' forecast errors and prior forecast revisions
    • Spring
    • ELLIOTT, J.; D. PHILBRICK; AND C. WIEDMAN."Evidence from Archival Data on the Relation Between Security Analysts' Forecast Errors and Prior Forecast Revisions." Contemporary Accounting Research 11 (Spring 1995): 919-38.
    • (1995) Contemporary Accounting Research , vol.11 , pp. 919-938
    • Elliott, J.1    Philbrick, D.2    Wiedman, C.3
  • 8
    • 38249017814 scopus 로고
    • The association between revisions of financial analysts' earnings forecasts and security price changes
    • LYS, T., AND S. SOHN."The Association Between Revisions of Financial Analysts' Earnings Forecasts and Security Price Changes." Journal of Accounting and Economics (1990): 341-63.
    • (1990) Journal of Accounting and Economics , pp. 341-363
    • Lys, T.1    Sohn, S.2
  • 9
    • 33846365735 scopus 로고
    • Evidence on the possible underweighting of earnings-related information
    • Spring
    • MENDENHALL, R."Evidence on the Possible Underweighting of Earnings-Related Information." Journal of Accounting Research 29 (Spring 1991): 170-9.
    • (1991) Journal of Accounting Research , vol.29 , pp. 170-179
    • Mendenhall, R.1
  • 11
    • 84909653867 scopus 로고
    • On the use of incomplete prior information in regression analysis
    • THEIL, H."On the Use of Incomplete Prior Information in Regression Analysis." Journal of the American Statistical Association 58 (1963): 401-14.
    • (1963) Journal of the American Statistical Association , vol.58 , pp. 401-414
    • Theil, H.1
  • 12
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    • On pure and mixed statistical estimation in economics
    • _, AND A. GOLDBERGER."On Pure and Mixed Statistical Estimation in Economics." International Economic Review 2 (1961): 65-78.
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    • Goldberger, A.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.