Profitability of investment strategies developed on the basis of buy and sell recommendations

Aim/purpose – The paper has two objectives. The first is to examine the profitability of applying investment strategies based on “buy” and “sell” recommendations issued by stock market analysts. The second objective is to validate that analysts who issue a recommendation may not be impartial (not su...

Full description

Bibliographic Details
Main Author: Wnuczak Paweł
Format: Article
Language:English
Published: Sciendo 2021-05-01
Series:Journal of Economics and Management
Subjects:
Online Access:https://doi.org/10.22367/jem.2021.43.15
_version_ 1811159208155938816
author Wnuczak Paweł
author_facet Wnuczak Paweł
author_sort Wnuczak Paweł
collection DOAJ
description Aim/purpose – The paper has two objectives. The first is to examine the profitability of applying investment strategies based on “buy” and “sell” recommendations issued by stock market analysts. The second objective is to validate that analysts who issue a recommendation may not be impartial (not supporting any of the sides involved in an argument) because the largest group of recommendations issued is “buy” recommendations.
first_indexed 2024-04-10T05:37:12Z
format Article
id doaj.art-e5948a71214c43d18b1184262e2abea4
institution Directory Open Access Journal
issn 2719-9975
language English
last_indexed 2024-04-10T05:37:12Z
publishDate 2021-05-01
publisher Sciendo
record_format Article
series Journal of Economics and Management
spelling doaj.art-e5948a71214c43d18b1184262e2abea42023-03-06T17:03:00ZengSciendoJournal of Economics and Management2719-99752021-05-0143131733810.22367/jem.2021.43.15Profitability of investment strategies developed on the basis of buy and sell recommendationsWnuczak Paweł0Department of Finance, Kozminski University, Warsaw, PolandAim/purpose – The paper has two objectives. The first is to examine the profitability of applying investment strategies based on “buy” and “sell” recommendations issued by stock market analysts. The second objective is to validate that analysts who issue a recommendation may not be impartial (not supporting any of the sides involved in an argument) because the largest group of recommendations issued is “buy” recommendations.https://doi.org/10.22367/jem.2021.43.15recommendationsstock exchangeinvestmentg140
spellingShingle Wnuczak Paweł
Profitability of investment strategies developed on the basis of buy and sell recommendations
Journal of Economics and Management
recommendations
stock exchange
investment
g140
title Profitability of investment strategies developed on the basis of buy and sell recommendations
title_full Profitability of investment strategies developed on the basis of buy and sell recommendations
title_fullStr Profitability of investment strategies developed on the basis of buy and sell recommendations
title_full_unstemmed Profitability of investment strategies developed on the basis of buy and sell recommendations
title_short Profitability of investment strategies developed on the basis of buy and sell recommendations
title_sort profitability of investment strategies developed on the basis of buy and sell recommendations
topic recommendations
stock exchange
investment
g140
url https://doi.org/10.22367/jem.2021.43.15
work_keys_str_mv AT wnuczakpaweł profitabilityofinvestmentstrategiesdevelopedonthebasisofbuyandsellrecommendations