Sentences with phrase «achieving abnormal returns»
Efficient market theory posits that alpha is just an anomaly and that efficient markets rule and there is no long - term prospect of managers achieving abnormal returns, obviating the possibility of active portfolio management.
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Efficient market theory posits that alpha is just an anomaly and that efficient markets rule and there is no long - term prospect of managers achieving abnormal returns, obviating the possibility of active portfolio...
size: 100 %;» class = «Apple - style - span» > CXO concludes: «family: Verdana, Arial; font - size: 100 %;» > In summary, investors may be able to achieve abnormal returns by combining value and earnings surprises, with most of the benefit coming from value stocks with positive earnings surprises and positive earnings announcement abnormal returns.»
investors may be able to achieve abnormal returns by combining value and earnings surprises, with most of the benefit coming from value stocks with positive earnings surprises and positive earnings announcement abnormal returns.»
Not exact matches
The proven valid statement is, instead, that, «All the efficient market hypothesis really says is that few, if any, OPMI traders will be able to achieve an abnormal or excess return consistently.»
In justifying the alleged existence of a universal price equilibrium, Ross, Westerfield states on page 370, «All the efficient market hypothesis really says is that, on average, the manager will not be able to achieve an abnormal or excess return.»
MS, «Abnormal Returns covers a remarkable amount of ground in just under 200 pages, yet achieves its brevity without being overly shallow or simplistic.»