1.

Record Nr.

UNINA9910968549203321

Autore

Cragg J. G

Titolo

Expectations and the structure of share prices / / John G. Cragg and Burton G. Malkiel

Pubbl/distr/stampa

Chicago, : University of Chicago Press, 1982

ISBN

9786612069734

9781282069732

128206973X

9780226116723

0226116727

Edizione

[1st ed.]

Descrizione fisica

1 online resource (184 p.)

Collana

A National Bureau of Economic Research monograph

Altri autori (Persone)

MalkielBurton Gordon

Disciplina

332.63/222/0724

Soggetti

Stocks - Prices - Mathematical models

Corporate profits - Forecasting - Mathematical models

Capital assets pricing model

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 167-169) and index.

Nota di contenuto

Frontmatter -- Relation of the Directors to the Work and Publications of the National Bureau of Economic Research -- Contents -- Preface -- 1. Nature and Sources of Data -- 2. Consensus, Accuracy, and Completeness of the Earnings Growth Forecasts -- 3. Valuation Models and Earnings Growth -- 4. Empirical Connection of the Growth Forecasts with Share-Valuation Models -- References -- Index

Sommario/riassunto

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.