Return on equity (ROE) and stock returns
Book-to-Market Ratio, return on equity and Brazilian Stock Returns
... The analysis was based on individual assets. On average, 318 stocks were analyzed per year, which shows the reduced number of Brazilian companies whose stocks are traded at the Stock Exchange. As a comparison, the ...
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Financial ratios used by equity analysts in Mexico and stock returns
... is return on investment, DivY is dividend yield, FCF Y is free cash flow yield, DEQ is net debt to equity, EPS g is earnings per share growth, Sales g is sales growth, ROE is return on equity, ...
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The Rise in Stock Valuations and Future Equity Returns
... the equity markets, and investors’ ...long-term equity returns is derived and it is determined whether historical stock returns have been too high to be justified on the basis of ...
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Expected Stock Returns and Option Implied Rate of Return
... of return on equity with market factors into the residual income-valuation ...of return to capture economic fundamental-based risk adjustment in the valu- ...
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The equity share in new issues and aggregate stock returns
... negative returns for only one year, 1930, and then at the 10 percent ...value-weighted returns in Figure 4a for the observed range of the prior-year equity ...non-negative returns at the five ...
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The Equity Share in New Issues and Aggregate Stock Returns
... new equity issues to the aggregate value of equity including the new issues, E @R A 2 R D # is the expected excess return of total corporate assets over corporate debt, and S is the equity ...
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Modelling stock returns in Africa's emerging equity markets
... African stock markets appears in Irving (2005) and in Yartey ...African stock markets largely on account of their low correlations with the rest of the world and the role they play in portfolio ...African ...
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Commonality in Misvaluation, Equity Financing, and the Cross Section of Stock Returns
... in stock returns beyond that implied by above benchmark ...UMO returns can be explained by these benchmark ...share return excess comovement with UMO controlling for the benchmark ...
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Equity Unit Trust Funds Flow and Stock Market Returns
... the stock prices revert back to their fundermental value causing a positive or negative stock market ...the stock market dates back to the work of Warther (1995), who analyzed the relationship ...
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Size, P/E Ratio and Equity Stock Returns of Pakistan
... Data and Methodology This study includes non financial sector of KSE for the period of December 2002 to December 2011.Twelve-Month Treasury bill used as a proxy for risk free rate. The month ended closing prices were ...
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Stock returns behaviour and the pricing of volatility in Africa's equity markets
... of stock returns over ...clustering. Stock return volatility has therefore developed into an interest area for researchers, culminating in many of its observations across equity markets ...
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Size, P/E Ratio and Equity Stock Returns in Pakistan
... Data and Methodology This study includes non financial sector of KSE for the period of December 2002 to December 2011.Twelve- Month Treasury bill used as a proxy for risk free rate. The month ended closing prices ...
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When do high stock returns trigger equity issues?
... long-run stock returns of ...their equity issues to coincide with high institutional investor ...better stock return performance than low-demand issuers around and following the ...
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Is the Cross-Section of Expected Bond Returns Influenced by Equity Return Predictors?
... excess returns across the anomalies, we conclude that the CAPM and the five-factor model do not explain the variation in average excess returns on these ...of equity market predictors for bond ...
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Stock Returns And Volatility İn An Emerging Equity Market. Evidence From Kenya
... respectively. The sum α + i γ gives the impact of bad news or the leverage i effect, while β measures the degree of persistence in conditional variance. γ i = -0.0303 for the entire sample and insignificant. Consistent ...
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Access to Equity Markets, Corporate Investments and Stock Returns: International Evidence *
... to equity is the index of access-to-equity ...of stock market capitalization to gross domestic product scaled by the fraction of stock market held by outside ...Hedge return is the ...
54
Determinants of equity return correlations: a case study of the Amman Stock Exchange
... explain stock returns or the volatility of ...that equity return correlations can be explained not only by macroeconomic variables but also by fundamentals within an ...
50
Stock-return volatility and daily equity trading by investor groups in Korea
... Daily Equity Trading by Investor Groups in Korea Abstract We examine the short-run relationship between stock-return volatility and daily equity trading by several investor groups in the ...
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Debt to Equity Ratio, Degree of Operating Leverage Stock Beta and Stock Returns of Food and Beverages Companies on the Indonesian Stock Exchange
... of stock return is also increasing, however, it is insignificant, so it can be concluded that stock return is not influenced by ...on stock returns of firms listed on the ...
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Review of stock returns
... benchmark-adjusted returns. The negative capital investment and return relation observed stronger for firms that have greater investment prudence, ...past return and issue equity at the same ...
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