scholarly journals Earnings Momentum, Adaptation Value, and Nonlinearities in the Valuation of Chinese Equity Stocks

Abacus ◽  
2019 ◽  
Vol 55 (2) ◽  
pp. 333-361
Author(s):  
Yizhe Dong ◽  
Martien Lubberink ◽  
Diandian MA ◽  
Mark Tippett
Keyword(s):  
2020 ◽  
Author(s):  
Shuping Chen ◽  
John M. McInnis ◽  
Christopher G. Yust

2015 ◽  
Author(s):  
Yizhe Dong ◽  
Martien Jan Peter Lubberink ◽  
Diandian Ma ◽  
Mark J. Tippett
Keyword(s):  

2017 ◽  
Vol 92 (5) ◽  
pp. 1-32 ◽  
Author(s):  
Ferhat Akbas ◽  
Chao Jiang ◽  
Paul D. Koch

ABSTRACT This study shows that the recent trajectory of a firm's profits predicts future profitability and stock returns. The predictive information contained in the trend of profitability is not subsumed by the level of profitability, earnings momentum, or other well-known determinants of stock returns. The profit trend also predicts the earnings surprise one quarter later, and analyst forecast errors over the following 12 months, suggesting that sophisticated investors underreact to the information in the profit trend. On the other hand, we find no evidence of investor overreaction, and our results cannot be explained by well-known risk factors. JEL Classifications: G12; G14.


2016 ◽  
Vol 37 ◽  
pp. 1-22 ◽  
Author(s):  
Chaonan Lin ◽  
Kuan-Cheng Ko ◽  
Yu-Lin Chen ◽  
Hsiang-Hui Chu

2015 ◽  
Vol 15 (4) ◽  
pp. 555-597 ◽  
Author(s):  
Reza Tajaddini ◽  
Timothy Falcon Crack ◽  
Helen Roberts

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Simarjeet Singh ◽  
Nidhi Walia ◽  
Sivagandhi Saravanan ◽  
Preeti Jain ◽  
Avtar Singh ◽  
...  

PurposeThis study aims to recognize the current dynamics, prolific contributors and salient trends and propose future research directions in the area of alternative momentum investing.Design/methodology/approachThe study uses a blend of electronic database and forward reference searching to ensure the incorporation of all the significant studies. With the help of the Scopus database, the present study retrieves 122 research papers published from 1999 to 2020.FindingsThe results reveal that alternative momentum investing is an emerging area in the field of momentum investing. However, this area has witnessed an exponential growth in last ten years. The study also finds that North American, West European and East Asian countries dominate in total research publications. Through network citation analysis, the study identifies five major clusters: industrial momentum, earnings momentum, 52-week high momentum, time-series momentum and risk-managed momentum.Research limitations/implicationsThe present review will serve as a guide for financial researchers who intend to work on alternative momentum approaches. The study proposes several unexplored research themes in alternative momentum investing on which future studies can focus.Originality/valueThe study embellishes the existing literature on momentum investing by contributing the first bibliometric review on alternative momentum approaches.


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