Keywords
Related Publications
A Nonlinear Model of Security Price Responses to Unexpected Earnings
This study presents evidence that the marginal response of stock price to unexpected earnings declines as the absolute magnitude of unexpected earnings increases. Most previous ...
The Relation of the Price of a Warrant to the Price of Its Associated Stock: Part I
(1967). The Relation of the Price of a Warrant to the Price of Its Associated Stock: Part I. Financial Analysts Journal: Vol. 23, No. 3, pp. 143-151.
Filter Rules and Stock-Market Trading
IN THE recent literature there has been a considerable interest in the theory of random walks in stock-market prices. The basic hypothesis of the theory is that successive price...
Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends?
A simple model that is commonly used to interpret movements in corporate common stock. price indexes asserts that real stock prices equal the present value of rationally expecte...
Publication Info
- Year
- 1960
- Type
- article
- Volume
- 28
- Issue
- 4
- Pages
- 909-909
- Citations
- 87
- Access
- Closed
External Links
Social Impact
Social media, news, blog, policy document mentions
Citation Metrics
Cite This
Identifiers
- DOI
- 10.2307/1907573