Do Wall Street fundamentals work in the ASX200?

Research output: Contribution to journal › Article › peer-review

Standard Standard

Do Wall Street fundamentals work in the ASX200? / Vanstone, Bruce J; Agrawal, Aditya.
In: The Australasian Journal of Applied Finance, No. 4, 2006, p. 2-7.

Research output: Contribution to journal › Article › peer-review

HarvardHarvard

Vanstone, BJ & Agrawal, A 2006, 'Do Wall Street fundamentals work in the ASX200?', The Australasian Journal of Applied Finance, no. 4, pp. 2-7.

APA

Vanstone, B. J., & Agrawal, A. (2006). Do Wall Street fundamentals work in the ASX200? The Australasian Journal of Applied Finance, (4), 2-7.

CBE

Vanstone BJ, Agrawal A. 2006. Do Wall Street fundamentals work in the ASX200?. The Australasian Journal of Applied Finance. (4):2-7.

MLA

Vanstone, Bruce J and Aditya Agrawal. "Do Wall Street fundamentals work in the ASX200?". The Australasian Journal of Applied Finance. 2006, (4). 2-7.

VancouverVancouver

Vanstone BJ, Agrawal A. Do Wall Street fundamentals work in the ASX200? The Australasian Journal of Applied Finance. 2006;(4):2-7.

Author

Vanstone, Bruce J ; Agrawal, Aditya. / Do Wall Street fundamentals work in the ASX200?. In: The Australasian Journal of Applied Finance. 2006 ; No. 4. pp. 2-7.

RIS

TY - JOUR

T1 - Do Wall Street fundamentals work in the ASX200?

AU - Vanstone, Bruce J

AU - Agrawal, Aditya

N1 - This article is reproduced with permission from JASSA (the Journal of Finsia - Financial Services Institute of Australasia). Copyright © 2006 JASSA. All rights reserved.

PY - 2006

Y1 - 2006

N2 - This paper follows the work of O’Shaughnessy, whose book, ‘What Works on Wall Street’ benchmarked the expectations of a variety of fundamental variables on the US stock market.In essence, O’Shaughnessy documented a number of relationships between various fundamental variables and expected market returns. A valid criticism when applying work such as O’Shaughnessy’s to the Australian market is that Australian investors may value different fundamental characteristics to US investors. The purpose of this paper is to determine the extent to which O’Shaughnessy’s findings are relevant to the Australian stock market.This paper investigates those fundamental variables, albeit with a slightly differing methodology, and documents a number of similar findings, as well as a few surprises.

AB - This paper follows the work of O’Shaughnessy, whose book, ‘What Works on Wall Street’ benchmarked the expectations of a variety of fundamental variables on the US stock market.In essence, O’Shaughnessy documented a number of relationships between various fundamental variables and expected market returns. A valid criticism when applying work such as O’Shaughnessy’s to the Australian market is that Australian investors may value different fundamental characteristics to US investors. The purpose of this paper is to determine the extent to which O’Shaughnessy’s findings are relevant to the Australian stock market.This paper investigates those fundamental variables, albeit with a slightly differing methodology, and documents a number of similar findings, as well as a few surprises.

M3 - Article

SP - 2

EP - 7

JO - The Australasian Journal of Applied Finance

JF - The Australasian Journal of Applied Finance

SN - 0313-5934

IS - 4

ER -