Fundamentals And Stock Returns In Japan

Fundamentals And Stock Returns In Japan. Downloadable (with restrictions)! Value premiums which we define as value portfolio returns in excess of market portfolio returns are on average much lower in the second half of the July 1963–June 2019 period But the high volatility of monthly premiums prevents us from rejecting the hypothesis that expected premiums are the same in both halves of the sample.

Fundamentals and stock returns in Japan Chan Louis K C Lakonishock Josef Hamao Yasushi This paper relates crosssectional differences in returns on Japanese stocks to the underlying behavior of four fundamental variables earnings yield size book to market ratio and cash flow yield Alternative statistical specifications and various estimation methods are.

Fundamentals and stock returns in Japan SlideShare

This paper relates crosssectional differences in returns on Japanese stocks to the underlying behavior of four fundamental variables earnings yield size book to market ratio and cash flow yield Alternative statistical specifications and various estimation methods are applied to a comprehensive highquality data set that extends from 1971 to 1988.

Fundamentals and stock returns in Japan CORE

This paper relates crosssectional differences in returns on Japanese stocks to the underlying behavior of four variables earnings yield size book to market ratio and cash flow yield Alternative statistical specifications and various estimation methods are applied to a comprehensive highquality data set that extends from 1971 to 1988.

Fundamentals and stock returns in Japan (1990 edition

PDF filereturns Dhatt Kim and Mukherji (1999) studied the relationship between the stock returns and fundamental variables for the period of 19821992 in Korea It was found that book to market sales price and debt to equity ratio have a significantly positive relationship with the stock return while the market value of equity has a negative.