AN ANALYSIS OF BROKERAGE RECOMMENDATIONS FOR THE BIGGEST COMPANIES OF WIG20
Journal Title: Copernican Journal of Finance & Accounting - Year 2017, Vol 6, Issue 1
Abstract
Abstract: The aim of the article is an analysis of stock recommendations. The article presents the measures that can be used for estimating the effectiveness of recommendations. The biggest companies of WIG20, the basic index of the Warsaw Stock Exchange, were analysed. Almost 600 recommendations issued by 40 brokerage offices and houses in the years 2010–2015 were analysed. Apart from the analysis of the rates of return realized on the basis of stock recommendations, attention was drawn to the issue of the investment risk.
Authors and Affiliations
Zbigniew Drewniak
Keywords
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- EP ID EP192761
- DOI 10.12775/CJFA.2017.001
- Views 73
- Downloads 0
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