The time series behaviour of corporate earnings in Singapore
Existing evidence indicates that the time-series behavior of corporate annual earnings is well approximated by a random walk, or some similar processes. However, no evidence on this issue has been collected in Singapore. This report presents the results of an investigation into the time-series b...
Saved in:
| Main Authors: | , , |
|---|---|
| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2015
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/63663 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | Existing evidence indicates that the time-series behavior of corporate annual
earnings is well approximated by a random walk, or some similar processes.
However, no evidence on this issue has been collected in Singapore.
This report presents the results of an investigation into the time-series
behavior of the annual earnings of a sample of relatively large corporations
listed on the Stock Exchange of Singapore. The conclusions, that successive
changes in such earnings are well approximated by a random walk, is
consistent with existing evidence. |
|---|