Stock Price Forecast Accuracy and Recommendation Profitability of Financial Magazines

In this study, we analyze the forecast accuracy and profitability of buy recommendations published in five major German financial magazines for private households based on fundamental analysis. The results show a high average forecast accuracy but with a very high standard deviation, which indicates...

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Bibliographic Details
Main Authors: Victor Tiberius, Laura Lisiecki
Format: Article
Language:English
Published: MDPI AG 2019-10-01
Series:International Journal of Financial Studies
Subjects:
Online Access:https://www.mdpi.com/2227-7072/7/4/58