The effect of underreaction and overreaction of firm stocks to firm valuation: data from the Indonesian Stock Exchange The firms' value is found to positively correlate with total assets and profits for companies in which their stocks are characterised by overreaction but ... P Handayati,L Indraya...
If you’re relatively new to markets—or, well, let’s be honest, even if you’re not—the unusually high rate of inflation we’ve seen in 2022 and the massive hit stocks have taken at the same time could make you think that high inflation is always bad for stocks. If you’ve ...
OPEC announced yesterday that it and its allies have agreed tokeep production cuts in place through April. That means the higher price for oil is here to stay for a little longer and that news is pushing certain oil stocks higher. Oil companies today that are getting a boost from the ...
It relates the decision of Paris, France-based International Energy Agency (IEA) to start releasing oil from its emergency reserves. It states that British businessman Richard Branson's Virgin Group Ltd. nor Blackstone Group LP seems the right buyer for Northern Rock PLC, which the U.S. ...
The bear-market mauling of crude oil prices continued on Tuesday, with oil falling another 7% on the day, which pushed the U.S. oil benchmark price, WTI, to around $53 per barrel. That sell-off in the oil market weighed on oil stocks, sending most down sharply. Among the biggest de...
Finally, Cramer turned to the oil and gas space, where he conducted a study to see which energy companies' stocks are currently trading below their January 2016 lows, when oil prices tanked to the $20s. "You know what I found? Of the 59 major energy companies I examined, right now 15...
Oil stocks have seen a heavy sell-off in the past couple of weeks as oil prices plunged on fears of a recession, a brawny dollar, and a hawkish Fed. Natural gas stocks, on the other hand, have continued to soar as the global shortage brought about by Russia’s invasion of Ukraine s...
What's the hot defensive play right now?Exactly what you'd think: utilities stocks, which are tried-and-true dividend payers, are trending higher. The Utilities Select Sector SPDR Fund (NYSEARCA: XLU) is up 4.72% in the past week. The sector is up 2.44%
more investors are turning to precious metals as asafe haven.The precious metals market has seen unprecedented growth this year.Gold priceshave shattered records, reaching anall-time high of over $2,700 per ouncein October. But it's not just gold —silverand platinum have also grabbed attentio...
Still, stocks of companies whose profits are most closely tied to the economy’s strength took heavy losses on the fears about a slowdown. The small companies in the Russell 2000 index dropped 4.4%, further dousing what had been a revival for it and other beaten-down areas of the market....