Search engine for discovering works of Art, research articles, and books related to Art and Culture
Javascript must be enabled to continue!
Overreaction or Fundamentals: Some Lessons from Insiders' Response to the Market Crash of 1987
View through CrossRef
ABSTRACTThis paper shows that i) the Crash was a surprise to corporate insiders; ii) insiders became buyers of stock in record numbers immediately following the Crash; iii) stocks that declined more during the Crash were also purchased more by insiders; and iv) stocks that were purchased more extensively by insiders during October 1987 showed larger positive returns in 1988. The overall evidence suggests that overreaction was an important part of the Crash.
Title: Overreaction or Fundamentals: Some Lessons from Insiders' Response to the Market Crash of 1987
Description:
ABSTRACTThis paper shows that i) the Crash was a surprise to corporate insiders; ii) insiders became buyers of stock in record numbers immediately following the Crash; iii) stocks that declined more during the Crash were also purchased more by insiders; and iv) stocks that were purchased more extensively by insiders during October 1987 showed larger positive returns in 1988.
The overall evidence suggests that overreaction was an important part of the Crash.
Related Results
Interface and Optimizations for Crash Severity Estimation and Inevitability Modelling in Pre-Crash Safety Systems
Interface and Optimizations for Crash Severity Estimation and Inevitability Modelling in Pre-Crash Safety Systems
"In recent years, emergency braking systems were introduced to detect and prevent potentialaccidents. However, it is not always possible to avoid a crash. Hence, active safety sens...
Validation of the PC-Crash Single-Track Vehicle Driver Model for Simulating Motorcycle Motion
Validation of the PC-Crash Single-Track Vehicle Driver Model for Simulating Motorcycle Motion
<div class="section abstract"><div class="htmlview paragraph">This paper validates the single-track vehicle driver model available in PC-Crash simulation software. The ...
Collision Prediction for Irreversible Pre-Crash Safety Measures
Collision Prediction for Irreversible Pre-Crash Safety Measures
The precise and reliable prediction of vehicle movements based on information from environmental sensors such as radar, camera or LiDAR is an essential constituent of future pre-cr...
Das Handy im Süßigkeitenland
Das Handy im Süßigkeitenland
Solidaritätsdienst International e. V. (2015). Handy Crash. Browser-Spiel, kostenfrei.
Im April 2015 fiel der Startschuss für das browserbasierte Online-Spiel Handy Crash (www. han...
Biomechanical analysis of thorax-abdomen response of vehicle occupant under seat belt load considering different frontal crash pulses
Biomechanical analysis of thorax-abdomen response of vehicle occupant under seat belt load considering different frontal crash pulses
Purpose: The purpose of this work was to understand the biomechanical response and injury risk of thorax and abdomen of vehicle front seat occupants caused by seat belt load under ...
PENGARUH OVERREACTION TERHADAP HARGA SAHAM
PENGARUH OVERREACTION TERHADAP HARGA SAHAM
This research aims to test the impact of market over reaction toward share prices on winner portfolio and loser portfolio. This is done using market adjusted model. The result indi...
Extraction of Traffic Crash Locations From Text Narratives: A Zero-Shot Approach Using Large Language Models
Extraction of Traffic Crash Locations From Text Narratives: A Zero-Shot Approach Using Large Language Models
The location of traffic crashes holds significance in understanding geographic crash safety and devising effective safety interventions. In this regard, analysts often conduct manu...