We use the term structure of futures prices to test whether investors anticipate mean reversion
in spot asset prices. The empirical results indicate mean reversion in each market we …

We examine a sample of 5896 stocks listed on Nasdaq between 1974 and 1988 to see
whether the price per share has significant statistical power in forecasting subsequent returns …

We suggest that the use of traditional market, outcome, and process controls for innovative
derivatives trading may not provide adequate safeguards for clients, investors, or the entire …

Tests for the presence of risk premia in Eurodollar futures are made and the effects of factors
which might affect the size of these premia examined. Using weekly Eurodollar futures …

This paper uses a characteristics-based approach to examine the pattern of abnormal
returns after seasoned equity offerings. Unlike previous studies the risk class of issuers are …

Abstract Basic Financial Management, 8th Edition, by David F. Scott Jr., John D. Martin, J.
William Petty, and Arthur J. Keown, is reviewed.

The Samuelson hypothesis implies that the volatility of futures price changes increases as a
contract's delivery date nears. In markets where the Samuelson hypothesis holds, accurate …

Genome-wide association studies (GWAS) have identified 36 loci associated with body mass
index (BMI), predominantly in populations of European ancestry. We conducted a meta-…

We use price data from an array of futures markets to test whether investors expect spot
asset prices to revert, and we identify two sources of equilibrium mean reversion: negative …

This article explores how spot and futures interest and exchange rates adjust to scheduled
macroeconomic announcements. Ederington and Lee (1993) examined the impact of news …