An analysis of stockbroking firms' recommendations
The market effi ciency theo ry assumes that all securities are correctly priced. However, most stockbroking firms do provid e stock recommendations which aim to ' beat the market'. Hence, if the market is efficient, one wonders what the economic value of security analy...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/58579 |
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| Institution: | Nanyang Technological University |
| Language: | English |