Predicting returns with financial ratios: Evidence from Indonesian Stock Exchange
The prediction of stock prices movement has always been a concern for investors when they make investment decisions. Most of stock markets all over the world provide data on price to earnings ra-tio (P/E) and price to book value ratio (P/B). How reliable these data are for investment is not clear-ly...
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Format: | Article |
Language: | English |
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Growing Science
2019-06-01
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Series: | Management Science Letters |
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Online Access: | http://www.growingscience.com/msl/Vol9/msl_2019_150.pdf |