This paper examines the value of analysts’ recommendations in Brazilian Stock Market. We studied a sample of 294 weeks of recommendations make public by the best seller newspaper in Brazil with six different investment strategies and time horizons. The main conclusion is that it is possible to beat the Brazilian market indexes Ibovespa and IBrX following the analysts’ stock recommendations. The best strategies are buying only the recommended stocks, buying the recommended stocks whose target and market prices difference is bigger than 25% and lesser or equal than 50%. The performance of the six strategies is analyzed through the use of bootstrap and Monte Carlo techniques
The main purpose of this thesis is to analyze the financial analysts of Brazilian firms. By gatherin...
Indexing is a passive investment strategy in which the investor weights bis portfolio to match the p...
The main objective of the paper is to investigate the analysts’ recommendations’ value and to determ...
AbstractThe stock analysts have a relevant role in the capital market, since, directly or indirectly...
This paper investigates the impact of changes in analysts’ recommendations on stock market prices ov...
Os analistas de ações desempenham um papel relevante nos mercados de capitais, na medida em que, dir...
ABSTRACT This paper tested a value investing strategy for the Brazilian market, selecting stocks bas...
This is the first study to empirically examine post-recommendation buy and hold abnormal returns in ...
This paper searches for evidence of predictability in the Brazilian stock market using portfolios gr...
Este artigo analisa grÃfica e quantitativamente a performance, mensurada sob vÃrias mÃtricas de risc...
ABSTRACT The study sought to apply the model developed by Gokhale et al. (2015) to identify the exis...
Purpose – This article analyzes fundamental indexation in Brazil relative to the IBrX 100 and select...
Indexing is a passive investment strategy in which the investor weights bis portfolio to match the p...
This study examines the possibility to achieve additional earnings over the Bovespa index (Ibovespa...
Abstract Background: During the period 2000-2010, the majority of the Swedish populations’ savings w...
The main purpose of this thesis is to analyze the financial analysts of Brazilian firms. By gatherin...
Indexing is a passive investment strategy in which the investor weights bis portfolio to match the p...
The main objective of the paper is to investigate the analysts’ recommendations’ value and to determ...
AbstractThe stock analysts have a relevant role in the capital market, since, directly or indirectly...
This paper investigates the impact of changes in analysts’ recommendations on stock market prices ov...
Os analistas de ações desempenham um papel relevante nos mercados de capitais, na medida em que, dir...
ABSTRACT This paper tested a value investing strategy for the Brazilian market, selecting stocks bas...
This is the first study to empirically examine post-recommendation buy and hold abnormal returns in ...
This paper searches for evidence of predictability in the Brazilian stock market using portfolios gr...
Este artigo analisa grÃfica e quantitativamente a performance, mensurada sob vÃrias mÃtricas de risc...
ABSTRACT The study sought to apply the model developed by Gokhale et al. (2015) to identify the exis...
Purpose – This article analyzes fundamental indexation in Brazil relative to the IBrX 100 and select...
Indexing is a passive investment strategy in which the investor weights bis portfolio to match the p...
This study examines the possibility to achieve additional earnings over the Bovespa index (Ibovespa...
Abstract Background: During the period 2000-2010, the majority of the Swedish populations’ savings w...
The main purpose of this thesis is to analyze the financial analysts of Brazilian firms. By gatherin...
Indexing is a passive investment strategy in which the investor weights bis portfolio to match the p...
The main objective of the paper is to investigate the analysts’ recommendations’ value and to determ...