AN ANALYSIS OF BROKERAGE RECOMMENDATIONS FOR THE BIGGEST COMPANIES OF WIG20

Zbigniew Drewniak ()
Additional contact information
Zbigniew Drewniak: WSB University in Torun

Copernican Journal of Finance & Accounting, 2017, vol. 6, issue 1, 9-31

Abstract: The aim of the article is an analysis of stock recommendations. The article presents the measures that can be used for estimating the effectiveness of recommendations. The biggest companies of WIG20, the basic index of the Warsaw Stock Exchange, were analysed. Almost 600 recommendations issued by 40 brokerage offices and houses in the years 2010–2015 were analysed. Apart from the analysis of the rates of return realized on the basis of stock recommendations, attention was drawn to the issue of the investment risk.

Keywords: recommendations; capital market; brokerage house (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://apcz.umk.pl/CJFA/article/view/CJFA.2017.001/12453 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpn:umkcjf:v:6:y:2017:i:1:p:9-31

Access Statistics for this article

Copernican Journal of Finance & Accounting is currently edited by Leszek Dziawgo

More articles in Copernican Journal of Finance & Accounting from Uniwersytet Mikolaja Kopernika
Bibliographic data for series maintained by Miroslawa Buczynska ().