Author : Ahmet Sekreter
Abstract: Predictability of stock returns has been shown by empirical studies over time. This article collects the most important theories on forecasting stock returns and investigates the factors that affecting behavior of the stocks’ prices and the market as a whole. Estimation of the factors and the way of estimation are the key issues of predictability of stock returns.
Keywords: Stock Returns, Theories on Stock Returns, Beta in Finance, Empirical Studies
JEL Classification: G10, G11
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International Journal of Social Sciences & Educational Studies
ISSN 2520-0968 (Online), ISSN 2409-1294 (Print), March 2017, Vol.3, No.4