Returns to buying upward revision and selling downward revision stocks: evidence from Canada.
(2016)
Journal Article
HOU, T.C.-T., MCKNIGHT, P. and WEIR, C. 2016. Returns to buying upward revision and selling downward revision stocks: evidence from Canada. Managerial finance [online], 42(11), pages 1110-1124. Available from: https://doi.org/10.1108/MF-10-2015-0282
Purpose: The purpose of this paper is to investigate the role of earnings forecast revisions by equity analysts in predicting Canadian stock returns Design/methodology/approach: The sample covers 420 Canadian firms over the period 1998-2009. It analy... Read More about Returns to buying upward revision and selling downward revision stocks: evidence from Canada..