Abnormal Returns

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Abnormal returns

The component of the return that is not due to systematic influences (market-wide influences). In other words, the abnormal returns is the difference between the actual return and that is expected to result from market movements (normal return). Related: excess returns.

Abnormal Return

The difference between the expected return and the actual return on an investment. Abnormal returns may be either positive or negative; indeed an abnormal return may be negative even if the actual return is positive. That is, suppose the expected return on an investment is 7% and the actual return is 5%. While the investor has 5% more than he/she had when he/she started, the abnormal return is still -2%. On the other hand, if the expected return is 5% and the actual return is 9%, then there is a positive abnormal return of 4%. One may use an abnormal return to gauge the accuracy of various asset pricing models.

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Abnormal Return Breakout Trader Cumulative Abnormal Return Efficient Market Hypothesis Event Anomalies Event Studies Ex Ante Return Excess Returns Expected Future Return Expected Rate of Return Expected Return Expected Value Late Trading			First, we test the statistical significance of abnormal returns around the announcements of actual repurchases using Zellner's (1962) seemingly unrelated regression (SUR). Share repurchases, the clustering problem, and the free cash flow ... by Wang, Chuan-San; Strong, Norman; Tung, Samuel; Lin, Steve / Financial Management In this study, we investigate abnormal returns to shareholders of bidder firms around the day of M&A announcement for ten emerging Asian markets: China, India, Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan, and Thailand. Abnormal returns to mergers and acquisitions in ten Asian stock ... by Ma, Jianyu; Pagan, Jose A.; Chu, Yun / International Journal of Business While this is a theoretical return, nevertheless the example illustrates the importance of short-term abnormal returns to investors and institutions in comparison to alternative investments. The search for value: cross-border bank M&A in emerging markets by Williams, Jonathan; Liao, Angel / Comparative Economic Studies			Abandonar Abandonare Abandoned Property abandonment Abandonment and Salvage Abandonment Option Abandonment Value Abandonner Abandonnieren abatement Abatement Cost Abbrochment ABC ABC Agreement ABC Analyzed Issue ABC Method ABC News/Money Magazine Consumer Comfort Index ABC Statement ABCD Counties Abend Abeyance Abeyance Order Ability to Pay able to purchase Abnormal Return Abnormal Returns abnormal sale Abnormal Spoilage ABO abode above building standard Above Par Above Poverty Line Above the Line Above the Market Above Water Above-the-Line Cost Abreviatura en el ticker Abri abrogate ABS Absence Rate absentee owner Absenteeism Absolute Advantage absolute auction Absolute Contraband Absolute Form of Purchasing Power Parity Absolute Liability absolute net lease absolute net rent			abnormal occlusal wear abnormal occlusal wear abnormal occlusal wear abnormal occlusal wear abnormal occlusion abnormal occlusion abnormal occlusion abnormal occlusion Abnormal Occurrence Abnormal Occurrence Report Abnormal Operating Condition Abnormal Operating Instruction Abnormal Operating Procedure Abnormal Peak Day abnormal place Abnormal posturing Abnormal posturing abnormal presentation abnormal pressure abnormal propagation abnormal psychology abnormal psychology abnormal psychology abnormal reading abnormal reflections Abnormal retinal correspondence Abnormal retinal correspondence Abnormal retinal correspondence Abnormal retinal correspondence Abnormal return Abnormal Returns abnormal sale Abnormal Screening Adherence Follow-up Program abnormal series Abnormal Situation Management Abnormal Slow Wave Activity abnormal smell abnormal smell abnormal smell Abnormal Spindle-Like Microcephaly Associated Abnormal Spoilage Abnormal sputum Abnormal sputum Abnormal sputum Abnormal State Condition abnormal statement Abnormal Station Codes Abnormal Station Condition abnormal synclinorium abnormal time abnormal to normal abnormal tooth mobility abnormal tooth mobility abnormal tooth mobility Abnormal Transient Abnormal Transient Operational Guideline Abnormal uterine bleeding Abnormal uterine bleeding Abnormal Wall Motion Abnormal Wall Motion Index abnormalcy

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