Academic performance and financial forecasting performance:A survey study
Research output: Contribution to journal › Article › peer-review
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- 2018 Academic performance
Accepted author manuscript, 347 KB, PDF document
Licence: CC BY-NC-ND Show licence
DOI
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.
Keywords
- Academic performance, forecasting errors, Prediction intervals, Overconfidence
| Original language | English |
|---|---|
| Pages (from-to) | 45-51 |
| Journal | Journal of Behavioral and Experimental Finance |
| Volume | 20 |
| Early online date | 27 Jul 2018 |
| DOIs | |
| Publication status | Published - 10 Dec 2018 |
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