Release Notes Most Viewed Guides CRSP in Action

Includes data definitions, calculations, methodologies, and more.

Includes data definitions, link information, access functions, and cross reference information

Includes installation, data access, and tool usage

Includes file formats, data definitions and calculations. 

Expectations in the Cross Section: Stock Price Reactions to the Information and Bias in Analyst-Expected Returns

Booth School of Business, University of Chicago

Evidence shows that the market does not efficiently incorporate expected returns implied by analyst price targets into prices.

Uncertainty about What's in the Price

Business school in Fontainebleau, INSEAD

Speculators face uncertainty about which signals are already reected in the price.


Methodology Guide Updated January 2019

The January  2019 refresh of the Methodology Guide is now available. 


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