Pead Assignment

Assignment: Describe the procedure of Post-Earnings Announcement Drift 1. footprint streamer unexpected bread (SUE) for distributively firm SUEt = et E(et) [pic] et: unfeigned earnings announced at solar day t E(et): expected earnings at day t [pic] : the historical standard deviation of the last eight trace earnings (1) 2. Rank SUE from the lowest to the highest 3.

Separate them into antithetic group, for slip if you have 100 firms, you group into 10 portfolios, each portfolio has virtually 10 firms LOWEST SURPISE |100 | | |99 | multitude 1 | |98 | | | | | |90 | | | | | | |Group ! 2 | | | | |10 | | |9 |Group 10 | | | | |1 | | HIGHEST SURPISE 4. We just consider to charge about the lowest ...If you want to get a entire essay, roll it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay