The Predictive Content of Some Leading Economic Indicators for Future Stock Prices

Some recent works dealing with the subject of investment in common stocks have made cautious reference to the potential of some published, leading economic time series as inputs to stock price forecasting models. However, no prominent reports of systematic empirical research of the predictive useful...

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Veröffentlicht in:Journal of financial and quantitative analysis 1974-03, Vol.9 (2), p.247-258
Hauptverfasser: Heathcotte, Bryan, Apilado, Vincent P.
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container_title Journal of financial and quantitative analysis
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creator Heathcotte, Bryan
Apilado, Vincent P.
description Some recent works dealing with the subject of investment in common stocks have made cautious reference to the potential of some published, leading economic time series as inputs to stock price forecasting models. However, no prominent reports of systematic empirical research of the predictive usefulness of such series have appeared in the literature. Our study was designed to partially correct this seeming oversight.
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source Business Source Complete; JSTOR Archive Collection A-Z Listing; Cambridge University Press Journals Complete
subjects Common stock
Corporate profits
Diffusion index
Dividends
Investors
Leading indicators
Series convergence
Statistical median
Stock market indices
Stock prices
title The Predictive Content of Some Leading Economic Indicators for Future Stock Prices
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