Earnings Per Share:

Earnings Per Share:


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
Delivery in :  10-12 Business Days

₹ 4,396

Availability: Out of stock


Delivery :

5% Cashback on all Orders paid using MobiKwik Wallet T&C

Free Krispy Kreme Voucher on all Orders paid using UltraCash Wallet T&C
Product Out of Stock Subscription

(Notify me when this product is back in stock)

  • Product Description

A survey of the way equity research is being done in India revealed that analysts mainly use the P/E approach to value the stock. The most difficult part of equity research is also found to be the largely unpredictable nature of P/E ratio. This book attempts to answer the question of whether excess return can be earned by forecasting EPS alone. Using a Logit-based forecasting model, Ou and Penman (1989) have shown that excess return can be obtained by forecast┬Čing the direction of movement of EPS in the US capital market. A similar study done here for the Indian stock market shows that one can obtain excess return by forecasting the direction of movement of the EPS. In the second part of the book, an attempt has been made to empirically test APT in India. However, it is found out that none of the factors seem to be priced in India. This may either mean that the sample size is too small to do any meaningful test of APT. It may also mean that the APT does not work in the Indian context.

Product Specifications
SKU :COC28754
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-29
0 Review(s)