A closer look at value premium: Literature review and synthesis

E Pätäri, T Leivo - Journal of Economic Surveys, 2017 - Wiley Online Library
This paper provides a systematic review of value premium literature that examines the
performance difference between value and growth stocks and the possible reasons for it. We …

[BOOK][B] Introduction to financial forecasting in investment analysis

JB Guerard Jr - 2013 - books.google.com
Forecasting—the art and science of predicting future outcomes—has become a crucial skill
in business and economic analysis. This volume introduces the reader to the tools, methods …

Global earnings forecasting efficiency

JB Guerard - Research in finance, 2012 - emerald.com
Stock selection models often use momentum and analysts' expectation data. We find that
earnings forecast revisions and direction of forecast revisions are more important than …

Can size-, industry-, and leverage-adjustment of valuation ratios benefit the value investor?

EJ Pätäri, V Karell, P Luukka - International journal of …, 2016 - inderscienceonline.com
This paper introduces a new and innovative methodology for value portfolio selection by
adjusting the conventional valuation ratios on the basis of firm size, financial leverage and …

Global stock selection modeling and efficient portfolio construction and management

JB Guerard, H Markowitz, G Xu - The Journal of Investing, 2013 - pm-research.com
Stock selection models often use analysts' expectations, momentum, and fundamental data.
The authors found support for composite modeling using these sources of data for global …

The development and evolution of mean-variance efficient portfolios in the US and Japan: 30 years after the Markowitz and Ziemba applications

J Guerard - Available at SSRN, 2023 - papers.ssrn.com
Abstract In 1992, John Mulvey co-edited a Special Issue, entitled “Financial Engineering”, in
the Annals of Operations Research. In that issue, Guerard, Takano, and Yamane (1992) …

The Development and Evolution of Mean-Variance Efficient Portfolios in Japan: 30 Years After

J Guerard, B Beheshti - Available at SSRN 4572836, 2023 - papers.ssrn.com
The early 1990s was a period of expanding interest in Japanese financial research. In 1993,
John Mulvey co-edited a Special Issue, entitled “Financial Engineering”, in the Annals of …

The Development of Mean-Variance Efficient Portfolios: 30 Years Later

S Chava, JB Guerard - The Journal of Investing, 2022 - joi.pm-research.com
In 1992, in the initial year of this journal's publication, Guerard and Takano reported mean-
variance efficient portfolios for the Japanese and US equity markets and showed that the …

Return Predictability and Efficient Market Hypothesis: Evidence from Iceland

M Metghalchi, M Hajilee… - The Journal of Alternative …, 2018 - search.proquest.com
The authors examine whether technical analysis has predictive power in the case of the
OMX Iceland All-Share Index. If trading rules have predictive power, could a trader design a …

The Development of Mean–Variance-Efficient Portfolios in Japan and the United States: 25 Years After; or, What Has Driven Stock Selection Models in Japan and the …

JB Guerard - The Journal of Investing, 2017 - pm-research.com
Stock selection models have been, and can be, effectively employed in Japan to deliver
excess returns. In 1992, the initial year of this journal's publication, Guerard and Takano …