Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/43357| Title: | Fundamental analysis, stock returns and high B/M companies |
| Authors: | Kourtis, G. P. Κourtis, E. P. Kourtis, M. P. Curtis, P. G. |
| Keywords: | Stock exchanges -- North America Stock companies -- North America Stock companies -- Finance -- North America Financial statements -- North America Financial services industry -- North America |
| Issue Date: | 2017 |
| Publisher: | Eleftherios Thalassinos |
| Citation: | Kourtis, G. P., Κourtis, E. P., Kourtis, M. P., & Curtis, P. G. (2017). Fundamental analysis, stock returns and high B/M companies. Fundamental analysis, stock returns and high B/M companies, 5(4), 3-18. |
| Abstract: | Ιn this paper we initially estimate the financial performance of high BM companies based on the analysis of profitability, liquidity-leverage and operating efficiency ratios. The performance of the specific group as a whole, was found to be quite poor and that is why it is reflected in a high BM ratio score for the companies involved. The research then showed that a portfolio of the best performing high BM companies, chosen through the F-score mechanism, exhibits a statistically significant higher mean of market-adjusted as well as raw returns, compared to any other type of classification of the companies of the category. The research was conducted for the period 2010-2015 and applied to companies listed in the North America Stock Exchange Markets. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/43357 |
| ISSN: | 23817356 |
| Appears in Collections: | IJEBA, Volume 5, Issue 4 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Fundamental Analysis, Stock Returns and High BM Companies_2017.pdf | 411.67 kB | Adobe PDF | View/Open |
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