RE-EXAMINING ANALYST SUPERIORITY IN FORECASTING RESULTS OF PUBLICLY-TRADED BRAZILIAN COMPANIES

ABSTRACT Purpose: This research examines the superiority of analysts over random walk models in forecasting the results of publicly-traded Brazilian companies in the short and long term. Originality/value: The literature indicates the uncontested superiority of market analysts because of their tempo...

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Veröffentlicht in:RAM. Revista de Administração Mackenzie 2021, Vol.22 (1), p.1-31
Hauptverfasser: GATSIOS, RAFAEL C., LIMA, FABIANO G., GAIO, LUIZ E., PIMENTA JUNIOR, TABAJARA
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Sprache:eng
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