SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Can Investors Profit from the Prophets? Consensus Analyst Recommendations and Stock Returns
16 references·16 citing·27 second hopsampled
Can Investors Profit from the Prophets? Consensus Analyst Recommendations and Stock Returns (1998)Can Investors Profit from the Prophets? C…Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Trading Is Hazardous to Your …Improved Methods for Tests of Long‐Run Abnormal Stock Returns (1999)Improved Methods for Tests of…Self-Selection and Analyst Coverage (1997)Self-Selection and Analyst Co…On Persistence in Mutual Fund Performance (1997)On Persistence in Mutual Fund…Market Efficiency, Long-Term Returns, and Behavioral Finance (1997)Market Efficiency, Long-Term …Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Detecting long-run abnormal s…Do Brokerage Analysts' Recommendations Have Investment Value? (1996)Do Brokerage Analysts' Recomm…Costly Arbitrage: Evidence from Closed-End Funds (1996)Costly Arbitrage: Evidence fr…The Limits of Arbitrage (1995)The Limits of ArbitrageThe Anatomy of the Performance of Buy and Sell Recommendations (1995)The Anatomy of the Performanc…Contrarian Investment, Extrapolation, and Risk (1994)Contrarian Investment, Extrap…Contrarian Investment, Extrapolation, and Risk (1994)Contrarian Investment, Extrap…Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Returns to Buying Winners and…Contrarian Investment, Extrapolation, and Risk (1993)Contrarian Investment, Extrap…Common risk factors in the returns on stocks and bonds (1993)Common risk factors in the re…Biases in computed returns (1983)Biases in computed returnsAdvertising, Attention, and Stock Returns (2019)Advertising, Attention, and S…Why do options prices predict stock returns? Evidence from analyst tipping (2014)Why do options prices predict…The Availability Heuristic and Investors' Reaction to Company-Specific Events (2010)The Availability Heuristic an…Statistical ranking and combinatorial Hodge theory (2010)Statistical ranking and combi…Ratings Changes, Ratings Levels, and the Predictive Value of Analysts’ Recommendations (2010)Ratings Changes, Ratings Leve…Testing Asymmetric-Information Asset Pricing Models (2009)Testing Asymmetric-Informatio…Getting Out Early: An Analysis of Market Making Activity at the Recommending Analyst's Firm (2009)Getting Out Early: An Analysi…Analysts’ perceptions of ‘earnings quality’ (2008)Analysts’ perceptions of ‘ear…The Predictive Content of Aggregate Analyst Recommendations (2007)The Predictive Content of Agg…Exploring the Drivers of Corporate Reputation: A Study of Italian Securities Analysts (2007)Exploring the Drivers of Corp…Do Analysts Herd? An Analysis of Recommendations and Market Reactions (2007)Do Analysts Herd? An Analysis…Buys, Holds, and Sells: The Distribution of Investment Banks' Stock Ratings and the Implications for the Profitability of Analysts' Recommendations (2006)Buys, Holds, and Sells: The D…Information Content of Equity Analyst Reports (2002)Information Content of Equity…Do analysts generate trade for their firms? Evidence from the Toronto stock exchange (2000)Do analysts generate trade fo…Do All-Stars Shine? Evaluation of Analyst Recommendations (2000)Do All-Stars Shine? Evaluatio…Can Stock Recommendations Predict Earnings Management and Analysts' Earnings Forecast Errors? (1999)Can Stock Recommendations Pre…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)Illiquidity and stock returns: cross-section and time-series effects (2002)A five-factor asset pricing model (2014)A model of investor sentiment /The Behavior of Stock-Market Prices (1965)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Market Liquidity and Funding Liquidity (2008)Does the Stock Market Overreact? (1985)The Categorical Imperative: Securities Analysts and the Illegitimacy Discount (1999)Investor Psychology and Asset Pricing (2001)… and the Cross-Section of Expected Returns (2015)Using daily stock returns (1985)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Capital markets research in accounting (2001)Introductory Econometrics for Finance (2008)Inefficient Markets (2000)Are Insider Trades Informative? (2001)The Value Premium (2005)Do Investors Trade Too Much? (1999)Managerial Decisions and Long‐Term Stock Price Performance (2000)The Economic Costs of Conflict: A Case Study of the Basque Country (2003)Multifactor Explanations of Asset Pricing Anomalies (1996)Investor Psychology and Security Market Under‐ and Overreactions (1998)Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 1997On Persistence in Mutual Fund Performance17,267 cited
  • 1993Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency11,575 cited
  • 1995The Limits of Arbitrage5,282 cited
  • 1994Contrarian Investment, Extrapolation, and Risk4,198 cited
  • 2000Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors3,953 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 1996Do Brokerage Analysts' Recommendations Have Investment Value?1,916 cited
  • 1999Improved Methods for Tests of Long‐Run Abnormal Stock Returns1,826 cited
  • 1994Contrarian Investment, Extrapolation, and Risk1,354 cited
  • 1997Market Efficiency, Long-Term Returns, and Behavioral Finance1,278 cited
  • 1997Self-Selection and Analyst Coverage968 cited
  • 1996Costly Arbitrage: Evidence from Closed-End Funds801 cited
  • 1983Biases in computed returns771 cited
  • 1995The Anatomy of the Performance of Buy and Sell Recommendations726 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

1993
Contrarian Investment, Extrapolation, and Risk
695 cited

Cited by

  • 2010Statistical ranking and combinatorial Hodge theory336 cited
  • 2009Testing Asymmetric-Information Asset Pricing Models215 cited
  • 2000Do analysts generate trade for their firms? Evidence from the Toronto stock exchange200 cited
  • 2019Advertising, Attention, and Stock Returns156 cited
  • 2002Information Content of Equity Analyst Reports144 cited
  • 2010Ratings Changes, Ratings Levels, and the Predictive Value of Analysts’ Recommendations126 cited
  • 2007The Predictive Content of Aggregate Analyst Recommendations124 cited
  • 2009Getting Out Early: An Analysis of Market Making Activity at the Recommending Analyst's Firm121 cited
  • 2007Do Analysts Herd? An Analysis of Recommendations and Market Reactions120 cited
  • 2008Analysts’ perceptions of ‘earnings quality’119 cited
  • 2010The Availability Heuristic and Investors' Reaction to Company-Specific Events118 cited
  • 2007Exploring the Drivers of Corporate Reputation: A Study of Italian Securities Analysts99 cited
  • 2006Buys, Holds, and Sells: The Distribution of Investment Banks' Stock Ratings and the Implications for the Profitability of Analysts' Recommendations89 cited
  • 2000Do All-Stars Shine? Evaluation of Analyst Recommendations86 cited
  • 2014Why do options prices predict stock returns? Evidence from analyst tipping79 cited
  • 1999Can Stock Recommendations Predict Earnings Management and Analysts' Earnings Forecast Errors?78 cited