FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2063282899> ?p ?o ?g. }

• W2063282899 endingPage "160" @default.
• W2063282899 startingPage "150" @default.
• W2063282899 abstract "This paper takes a new approach to examine whether investors extrapolate from past returns to form expectations about future stock returns. Unlike prior research that relies on experiments or surveys to derive investors’ expectations, we estimate expected returns directly from stock prices, the book value of equity, and analyst earnings forecasts. We find that the expected returns are positively related to both past market returns and past stock returns. However, investors’ expectations seem to be overoptimistic (overpessimistic) for stocks that had extremely high (low) returns in the previous year. Furthermore, we find that investors’ expectations about future earnings growth rates are also positively related to past growth rates. The results remain robust after we control for analyst optimism and measures of risk. Taken together, our results are consistent with the findings that investors extrapolate from past stock returns and past earnings growth rates." @default.
• W2063282899 created "2016-06-24" @default.
• W2063282899 creator A5006347099 @default.
• W2063282899 creator A5044594807 @default.
• W2063282899 date "2010-09-02" @default.
• W2063282899 modified "2023-09-26" @default.
• W2063282899 title "Investor Extrapolation and Expected Returns" @default.
• W2063282899 cites W1967087074 @default.
• W2063282899 cites W1967872601 @default.
• W2063282899 cites W1968009353 @default.
• W2063282899 cites W2029084479 @default.
• W2063282899 cites W2062090301 @default.
• W2063282899 cites W2076761577 @default.
• W2063282899 cites W2090758019 @default.
• W2063282899 cites W2116277545 @default.
• W2063282899 cites W2147945105 @default.
• W2063282899 cites W2149367714 @default.
• W2063282899 cites W2164437309 @default.
• W2063282899 cites W2167212344 @default.
• W2063282899 cites W2323805971 @default.
• W2063282899 cites W2334691936 @default.
• W2063282899 cites W3121698946 @default.
• W2063282899 cites W3122727838 @default.
• W2063282899 cites W3123013680 @default.
• W2063282899 cites W3123142049 @default.
• W2063282899 cites W3123164671 @default.
• W2063282899 cites W3123312015 @default.
• W2063282899 cites W3123586507 @default.
• W2063282899 cites W3123849752 @default.
• W2063282899 cites W3124021724 @default.
• W2063282899 cites W3126017435 @default.
• W2063282899 cites W3126107902 @default.
• W2063282899 cites W3216651525 @default.
• W2063282899 cites W4230661391 @default.
• W2063282899 cites W4232111244 @default.
• W2063282899 cites W4241631103 @default.
• W2063282899 cites W4248283403 @default.
• W2063282899 cites W4252891624 @default.
• W2063282899 cites W4292157289 @default.
• W2063282899 doi "https://doi.org/10.1080/15427560.2010.507164" @default.
• W2063282899 hasPublicationYear "2010" @default.
• W2063282899 type Work @default.
• W2063282899 sameAs 2063282899 @default.
• W2063282899 citedByCount "17" @default.
• W2063282899 countsByYear W20632828992012 @default.
• W2063282899 countsByYear W20632828992013 @default.
• W2063282899 countsByYear W20632828992014 @default.
• W2063282899 countsByYear W20632828992015 @default.
• W2063282899 countsByYear W20632828992016 @default.
• W2063282899 countsByYear W20632828992018 @default.
• W2063282899 countsByYear W20632828992019 @default.
• W2063282899 countsByYear W20632828992020 @default.
• W2063282899 countsByYear W20632828992021 @default.
• W2063282899 crossrefType "journal-article" @default.
• W2063282899 hasAuthorship W2063282899A5006347099 @default.
• W2063282899 hasAuthorship W2063282899A5044594807 @default.
• W2063282899 hasConcept C10138342 @default.
• W2063282899 hasConcept C106159729 @default.
• W2063282899 hasConcept C127413603 @default.
• W2063282899 hasConcept C143591128 @default.
• W2063282899 hasConcept C148126853 @default.
• W2063282899 hasConcept C149782125 @default.
• W2063282899 hasConcept C151730666 @default.
• W2063282899 hasConcept C162324750 @default.
• W2063282899 hasConcept C17744445 @default.
• W2063282899 hasConcept C199539241 @default.
• W2063282899 hasConcept C199728807 @default.
• W2063282899 hasConcept C204036174 @default.
• W2063282899 hasConcept C2778392974 @default.
• W2063282899 hasConcept C2780299701 @default.
• W2063282899 hasConcept C2780762169 @default.
• W2063282899 hasConcept C2781426361 @default.
• W2063282899 hasConcept C78519656 @default.
• W2063282899 hasConcept C86803240 @default.
• W2063282899 hasConceptScore W2063282899C10138342 @default.
• W2063282899 hasConceptScore W2063282899C106159729 @default.
• W2063282899 hasConceptScore W2063282899C127413603 @default.
• W2063282899 hasConceptScore W2063282899C143591128 @default.
• W2063282899 hasConceptScore W2063282899C148126853 @default.
• W2063282899 hasConceptScore W2063282899C149782125 @default.
• W2063282899 hasConceptScore W2063282899C151730666 @default.
• W2063282899 hasConceptScore W2063282899C162324750 @default.
• W2063282899 hasConceptScore W2063282899C17744445 @default.
• W2063282899 hasConceptScore W2063282899C199539241 @default.
• W2063282899 hasConceptScore W2063282899C199728807 @default.
• W2063282899 hasConceptScore W2063282899C204036174 @default.
• W2063282899 hasConceptScore W2063282899C2778392974 @default.
• W2063282899 hasConceptScore W2063282899C2780299701 @default.
• W2063282899 hasConceptScore W2063282899C2780762169 @default.
• W2063282899 hasConceptScore W2063282899C2781426361 @default.
• W2063282899 hasConceptScore W2063282899C78519656 @default.
• W2063282899 hasConceptScore W2063282899C86803240 @default.
• W2063282899 hasIssue "3" @default.
• W2063282899 hasLocation W20632828991 @default.
• W2063282899 hasOpenAccess W2063282899 @default.
• W2063282899 hasPrimaryLocation W20632828991 @default.
• W2063282899 hasRelatedWork W139675915 @default.
• W2063282899 hasRelatedWork W1607319792 @default.

• next