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Cash Productivity and Stock Performance by Sokan is a document available to read on EtoBox.
This paper examines cash productivity as an indicator of future stock performance, utilizing financial data from Nasdaq-listed non-financial firms. The study finds limited predictive power across the broader market but identifies strong performance in a selected portfolio that achieves significant positive alpha. The results suggest that cash productivity, when combined with other signals and careful selection of firms, can be a valuable tool for generating excess returns, although further validation is nee
- Author
- Sokan
- Language
- EN