Cardiff University | Prifysgol Caerdydd ORCA
Online Research @ Cardiff 
WelshClear Cookie - decide language by browser settings

Academic performance and financial forecasting performance: a survey study

Dan, Zhu, Lynn, Hodgkinson and Wang, Qingwei ORCID: https://orcid.org/0000-0002-3695-7846 2018. Academic performance and financial forecasting performance: a survey study. Journal of Behavioral and Experimental Finance 20 , pp. 45-51. 10.1016/j.jbef.2018.07.002

[thumbnail of GPA_risk.pdf]
Preview
PDF - Accepted Post-Print Version
Available under License Creative Commons Attribution Non-commercial No Derivatives.

Download (240kB) | Preview

Abstract

In a survey of forecasting stock prices over 13 months, we find better academic performance is significantly associated with smaller absolute forecasting errors, a lower propensity to be overconfident and narrower prediction intervals. The latter two findings are surprising as one would expect that less overconfident forecasters are more likely to make wider prediction intervals. Such superior forecasting ability of good academic performers may help explain why smart investors perform better in financial markets.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Business (Including Economics)
Publisher: Elsevier
ISSN: 2214-6350
Date of First Compliant Deposit: 11 July 2018
Date of Acceptance: 10 July 2018
Last Modified: 07 Nov 2023 03:43
URI: https://orca.cardiff.ac.uk/id/eprint/113139

Citation Data

Cited 2 times in Scopus. View in Scopus. Powered By Scopus® Data

Actions (repository staff only)

Edit Item Edit Item

Downloads

Downloads per month over past year

View more statistics