Earnings as an Explanatory Variable for Returns

The problem can be analysed more deeply by analysing stock returns with respect to the growth of earnings per share (EPS) and changes in valuation (P/E ratio).

由 JA Ohlson 著作 · 1992 · 被引用 219 次 — This paper considers theoretical aspects of the specification of an earnings variable to explain contemporaneous returns. The traditional.

1991年1月21日 — In this paper we investigate whether the level of earnings divided by price at the beginning of the stock return period is relevant for ...

由 PD Easton 著作 · 1991 · 被引用 1926 次 — However, we show that the assumption that price is a multiple of earnings also implies that the earnings level variable (A/P-1) is a relevant explanatory ...

由 A Frino 著作 · 1992 · 被引用 1 次 — It is the purpose of this paper to provide a derivation of the relationship between the level of earnings divided by the beginning of period stock price and ...

In this paper we investigate whether the level of earnings divided by price at the beginning of the stock return period is relevant for evaluating ...

2016年5月8日 — The Role of Earnings Level as an Explanatory Variable for Returns: Evidence from Amman Bourse · 1. The change in earnings model. CAR E MV e. jt ...