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Irrational Exuberance Reconsidered : the Cross Section of Stock Returns /

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Does the stock market overreact? Recent capital market turbulences have cast doubt whether the behaviour of stock markets is in line with rational investor behaviour. This monograph presents a framework to evaluate whether the stock market is in line with underlying fundamentals. This new and revise...

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Bibliographic Details
Main Author: Külpmann, Mathias
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2004.
Edition:Second edition.
Series:Springer finance.
Subjects:
Economics.
Finance.
Macroeconomics.
Electronic books.
Online Access:Connect to the full text of this electronic book
Table of Contents:
  • Irrational Exuberance Reconsidered: Stock Market Overreaction and Portfolio Management
  • An Interview with Barbara Rega, CFA, and Bernd Meyer, CFA
  • Scope of Analysis
  • Overshooting in the Cross Section of Stock Returns: The Winner-Loser Effect: Literature
  • Empirical Evidence for Germany
  • Explaining the Cross Section of Stock Returns: CAPM versus Fundamentals: Explaining the Winner-Loser Effect: Theory
  • The CAPM and the Winner-Loser Effect
  • Fundamentals and the Winner-Loser Effect
  • Fundamentals versus Beta
  • What Drives Stock Returns? Corporate Control: Reversals in Stock Returns and Temporary Problems of Corporate Control
  • Conclusion.