Todos os livros

Profissional

Apps Sobre Coach Entrar Começar a ler

Quantitative Finance · Glossário

O que é Post-earnings-announcement drift?

Definition 7.2 Strategies I: Equities and Futures · Capítulo 7 — Earnings

Post-earnings-announcement drift is the tendency of a stock’s abnormal returns to continue in the direction of its earnings surprise for weeks after the announcement.

Event study of the synthetic market’s announcements: mean cumulative market-adjusted return from five days before to sixty days after, for large positive and large negative surprises. Data: s1_earnings.car.
Figure 7.1. Event study of the synthetic market’s announcements: mean cumulative market-adjusted return from five days before to sixty days after, for large positive and large negative surprises. Data: s1_earnings.car.
Ler no capítulo →