search query: @author Lewellen, J. / total: 7
reference: 5 / 7
| Author: | Lewellen, J. |
| Title: | Predicting returns with financial ratios |
| Journal: | Journal of Financial Economics
2004 : NOV, VOL. 74:2, p. 209-235 |
| Index terms: | Corporate finance Stock returns |
| Language: | eng |
| Abstract: | This article examines can financial ratios like dividend yield predict aggregate stock returns. The writer shows that dividend yield predicts market returns during the period 1946-2000, as well as in various subsamples. Book-to-market and the earnings-price ratios predict returns during the shorter sample 1963-2000. |
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