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Article

Анализ прогнозирующей способности финансовых аналитиков на российском фондовом рынке

Болотин Г. М.

The research was conducted based on the target prices for 6 liquid stocks issued by the 9 leading analysts. Analysis of absolute forecasting ability has not revealed any differences in forecasting ability across analysts. However, certain differences in forecastibility of stocks were found. Analysis of relative forecasting ability has identified the best performing analysts on each of the sub-period under investigation.