Advanced Search
MyIDEAS: Login

Analyst's recommendations- are they worth anything?

Contents:

Author Info

  • Miloš Filip
Registered author(s):

    Abstract

    Are the analyst's recommendations trustworthy on the Czech capital market? Do the stock prices develop in a conjunction with the analyst's expectations expressed by their recommendations to buy/hold/sell stocks? The intent of the article will be to evaluate ability of security analysts to generate good recommendationsfor securities traded in the Czech capital market (the Prague Stock Exchange PSE). The empirical data of analyst's opinion in Burzovni noviny (BN - an enclosure of Hospodarske noviny, a daily economic newspaper) during 1996-97 has been analyzed to provide some exciting empirical results. The conclusion of analysis will reason the prophesized market efficiency of the Czech capital market.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://ces.utia.cas.cz/bulletin/index.php/bulletin/article/view/72
    Download Restriction: no

    Bibliographic Info

    Article provided by The Czech Econometric Society in its journal Bulletin of the Czech Econometric Society.

    Volume (Year): 6 (1999)
    Issue (Month): 9 ()
    Pages:

    as in new window
    Handle: RePEc:czx:journl:v:6:y:1999:i:9:id:72

    Contact details of provider:
    Email:
    Web page: http://ces.utia.cas.cz
    More information through EDIRC

    Related research

    Keywords:

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:czx:journl:v:6:y:1999:i:9:id:72

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jozef Barunik).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.