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Can Analysts Assess Fundamental Risk and Valuation Uncertainty? An Empirical Analysis of Scenario-Based Value Estimates
16 references·2 citing·38 second hop
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References

  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 1994Contrarian Investment, Extrapolation, and Risk4,198 cited
  • 2000Conditional Skewness in Asset Pricing Tests2,837 cited
  • 2010The financial reporting environment: Review of the recent literature2,622 cited
  • 2002Differences of Opinion and the Cross Section of Stock Returns2,145 cited
  • 2001Forecasting crashes: trading volume, past returns, and conditional skewness in stock prices1,918 cited
  • 1996Do Brokerage Analysts' Recommendations Have Investment Value?1,916 cited
  • 2006Information Uncertainty and Stock Returns1,810 cited
  • 1994Contrarian Investment, Extrapolation, and Risk1,354 cited
  • 2001Can Investors Profit from the Prophets? Security Analyst Recommendations and Stock Returns1,100 cited
  • 1998Accounting valuation, market expectation, and cross-sectional stock returns1,083 cited
  • 1988Analysts' forecasts as earnings expectations985 cited
  • 1997Self-Selection and Analyst Coverage968 cited
  • 2004Information content of equity analyst reports926 cited
  • 1995The Anatomy of the Performance of Buy and Sell Recommendations726 cited

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1993
Contrarian Investment, Extrapolation, and Risk
695 cited

Cited by

  • 2024Sell-side analysts’ assessment of ESG risk42 cited
  • 2021Is Silence Golden Sometimes? Management Guidance Withdrawals During the COVID-19 Pandemic23 cited