Irrational Exuberance Reconsidered : The Cross Section of Stock Returns / by Mathias Külpmann
(Springer Finance)
| データ種別 | 電子ブック |
|---|---|
| 版 | Second Edition |
| 出版者 | Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer |
| 出版年 | 2004 |
| 本文言語 | 英語 |
| 大きさ | XII, 230 p : online resource |
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| 内容注記 | I Irrational Exuberance Reconsidered 1 Stock Market Overreaction and Portfolio Management — An Interview with Barbara Rega, CFA, and Bernd Meyer, CFA 2 Scope of Analysis II Overshooting in the Cross Section of Stock Returns: The Winner-Loser Effect 3 Literature 4 Empirical Evidence for Germany III Explaining the Cross Section of Stock Returns: CAPM versus Fundamentals 5 Explaining the Winner-Loser Effect: Theory 6 The CAPM and the Winner-Loser Effect 7 Fundamentals and the Winner-Loser Effect 8 Fundamentals versus Beta — What Drives Stock Returns? IV Corporate Control 9 Reversals in Stock Returns and Temporary Problems of Corporate Control Conclusion References Author Index About the Author |
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| 一般注記 | Does the stock market overreact? Recent capital market turbulences have cast doubt whether the behaviour of stock markets is in line with rational investor behaviour. This monograph presents a framework to evaluate whether the stock market is in line with underlying fundamentals. This new and revised edition offers an up to date introduction to the controversy between rational asset pricing and behavioural finance. Empirical evidence of stock market overreaction are investigated within the paradigms of rational asset pricing and behavioural finance. Although this monograph will not promise the reader to become a millionaire, it offers a road to obtain a deeper understanding of the forces which drive stock returns. It should be of interest to anyone interested in what drives performance in the stock market |
| 著者標目 | *Külpmann, Mathias author SpringerLink (Online service) |
| 件 名 | LCSH:Finance LCSH:Economics, Mathematical LCSH:Macroeconomics FREE:Finance FREE:Finance, general FREE:Quantitative Finance FREE:Macroeconomics/Monetary Economics//Financial Economics |
| 分 類 | DC23:332 |
| 巻冊次 | ISBN:9783540247654 
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| ISBN | 9783540247654 |
| URL | http://dx.doi.org/10.1007/978-3-540-24765-4 |
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