A Study of Performance of Stocks Recommended by Newspaper-The Case of United Evening News
碩士 === 雲林科技大學 === 財務金融系碩士班 === 99 === Using “Market-adjusted method” of event study, this paper tries to examine whether stocks recommended by United Evening News could outperform the market. The study period is from April 4, 2009 to June 26,2010. And we find the information content is not valid. In...
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Other Authors: | |
Format: | Others |
Language: | zh-TW |
Published: |
2011
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Online Access: | http://ndltd.ncl.edu.tw/handle/95675009715837944024 |
Summary: | 碩士 === 雲林科技大學 === 財務金融系碩士班 === 99 === Using “Market-adjusted method” of event study, this paper tries to examine whether stocks recommended by United Evening News could outperform the market. The study period is from April 4, 2009 to June 26,2010. And we find the information content is not valid. In other words, investors could not rely on the recommendation provided by United Evening News.
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