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Predicting Prices Based on… Prices? The Role of Nominal Prices

  • Adam Zaremba
  • Jacob “Koby” Shemer
Chapter

Abstract

Can we predict returns based on… raw prices? Does the nominal price forecast future performance? Is it better to invest in low- or high-priced stocks? The relevant evidence seems conflicting. In this chapter, the authors reviewed the evidence and re-examined the nominal-price investing analyzing multiple countries.

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Adam Zaremba
    • 1
  • Jacob “Koby” Shemer
    • 2
  1. 1.Poznan University of Economics and BusinessPoznanPoland
  2. 2.AlphaBetaTel AvivIsrael

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