A test of media''s stock price predicting ability
碩士 === 雲林科技大學 === 財務金融系碩士班 === 98 === The study use the return rate of market method to compare stock price that reported by media and stock market.There are 1405 document of date, from 2006 to 2008, in this study.And empirical results show that: 1.Compare stock price that is reported this weekend w...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2010
|
| Online Access: | http://ndltd.ncl.edu.tw/handle/39984399051634224880 |
| Summary: | 碩士 === 雲林科技大學 === 財務金融系碩士班 === 98 === The study use the return rate of market method to compare stock price that reported by media and stock market.There are 1405 document of date, from 2006 to 2008, in this study.And empirical results show that:
1.Compare stock price that is reported this weekend with next weekend, and the stock return rate do not always be positive, but over 50% the performance is better than stock market.
2.When the stock market declines,the performance of stock price reported by media is also better than stock market.
The financial information of media is the easiest to get and read .Before an investor invest in stock the study can be an important information to reduce the risk.
|
|---|