Equity Analyst Reports and Stock Prices

In this paper we carry out cointegration analyses, in order to study whether the relationship between analysts’ recommendations and their projected capital gains (or losses), is consistent with the hypothesis that sell recommendations are costlier than buy recommendations. We find that recommendatio...

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Bibliografische gegevens
Hoofdauteurs: Astaiza Gómez, José Gabriel, Perez Pacheco, Camilo Andrés
Formaat: Online
Taal:eng
Gepubliceerd in: Universidad Pedagógica y Tecnológica de Colombia 2022
Onderwerpen:
Online toegang:https://revistas.uptc.edu.co/index.php/cenes/article/view/12638