Event anomalies

Definition:

Occurrences such as earnings surprises or stock splits that seem to present opportunity to generate abnormal returns for those trading on the news.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Dedicated capital

Total par value (number of shares issued, multiplied by the par value of each share). Also called dedicated value.

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