Studie: Are Cover Stories Effective Contrarian Indicators?
Positive stories generally indicate the end of superior performance and negative news generally indicates the end of performance.
Link zur Studie im Financial Analysts Journal (Vol. 63 No. 2), 2007
Tom Arnold, CFA, is assistant professor of finance at the University of Richmond, Virginia; John H. Earl, jr., CFA, and David S. North are associate professors of finance at the University of Richmond , Virginia
