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The Effect of Financial Ratios on the Stock Price Development
7 references·0 citing·34 second hopsampled
The Effect of Financial Ratios on the Stock Price Development (2017)The Effect of Financial Ratios on the Sto…International stock return predictability under model uncertainty (2010)International stock return pr…The value relevance of financial statements and their impact on stock prices (2009)The value relevance of financ…The relation between corporate financing activities, analysts’ forecasts and stock returns (2006)The relation between corporat…Predicting returns with financial ratios (2004)Predicting returns with finan…Economic Forces and the Stock Market (1986)Economic Forces and the Stock…The arbitrage theory of capital asset pricing (1976)The arbitrage theory of capit…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)EFFICIENT CAPITAL MARKETS: A …An Intertemporal Capital Asset Pricing Model (1973)Postwar U.S. Business Cycles: An Empirical Investigation (1997)By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior (1999)A Comprehensive Look at Financial Volatility Prediction by Economic Variables (2012)Stocks for the long run? Evidence from emerging markets (2014)The financial econometrics of price discovery and predictability (2015)Editor's Choice Digesting Anomalies: An Investment ApproachRisk, Return, and Equilibrium: Empirical Tests (1973)The Pricing of Options and Corporate Liabilities (1973)Common risk factors in the returns on stocks and bonds (1993)Digesting Anomalies: An Investment Approach (2012)… and the Cross-Section of Expected Returns (2015)Earnings Management During Import Relief Investigations (1991)An Empirical Analysis of the Relation between the Board of Director Composition and Financial Statement Fraud (1997)The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors (2002)The Influence of the Audit Report on the Relevance of Accounting Information Reported by Listed Romanian Companies (2015)The Relationship Between Financial Ratios and the Stock Prices of Selected European Food Companies Listed on Stock Exchanges (2019)Predicting financial distress in TSX-listed firms using machine learning algorithms (2024)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Financial Intermediation and Delegated Monitoring (1984)The Cross-Section of Expected Stock Returns (1992)The Behavior of Stock-Market Prices (1965)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Users of the world, unite! The challenges and opportunities of Social Media (2009)Asset returns and inflation (1977)Dividend yields and expected stock returns (1988)The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1988)A Comprehensive Look at The Empirical Performance of Equity Premium Prediction (2007)Predicting Excess Stock Returns Out of Sample: Can Anything Beat the Historical Average? (2007)Expected Stock Returns and Variance Risk Premia (2009)Efficient Capital Markets: II (1991)
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References

  • 1970EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK*24,470 cited
  • 1976The arbitrage theory of capital asset pricing7,207 cited
  • 1986Economic Forces and the Stock Market5,258 cited
  • 2004Predicting returns with financial ratios1,002 cited
  • 2006The relation between corporate financing activities, analysts’ forecasts and stock returns598 cited
  • 2009The value relevance of financial statements and their impact on stock prices59 cited
  • 2010International stock return predictability under model uncertainty44 cited

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