Gupta, Rangan; Modise, Mampho P.(University of Pretoria, Department of Economics, 2010-12)
In this paper, we examine the predictive ability, both in-sample and the out-of-sample, for South African stock returns using a number of financial variables, based on monthly data with an in-sample period covering 1990:01 ...
Gupta, Rangan; Modise, Mampho P.(University of Pretoria, Department of Economics, 2010-07)
Using monthly South African data for 1990:01-2009:10, this paper, to the best of our knowledge, is the first to examine the predictability of real stock prices based on valuation ratios, namely, price-dividend and ...
