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Dwell in the company of time: Rewards from analysts' persistent efforts

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  • Jin, Ming
  • Zhai, Chenzhe

Abstract

This paper discusses the positive impact of analysts' persistence from a temporal perspective and focus on analysts' long-term efforts to enhance their forecasting capabilities. We find that continuous coverage of listed companies can significantly reduce analysts' forecasting bias. We confirm that there is value in the efforts of a long-termist. Behavior focused on the long term should be encouraged over short-sighted herd behavior, and the persistent effort will benefit the analysts themselves.

Suggested Citation

  • Jin, Ming & Zhai, Chenzhe, 2025. "Dwell in the company of time: Rewards from analysts' persistent efforts," Finance Research Letters, Elsevier, vol. 86(PD).
    • Handle: RePEc:eee:finlet:v:86:y:2025:i:pd:s1544612325018859
    DOI: 10.1016/j.frl.2025.108631
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    References listed on IDEAS

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