Listar Publicaciones e Investigación por autor "Berggrun, Luis"
Mostrando ítems 1-5 de 5
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Deviations from fundamental value and future closed-end country fund returns
Berggrun, Luis; Cardona, Emilio; Lizarzaburu Bolaños, Edmundo R. (Emerald Publishing Limited, 2021-12-14)Purpose This article examines whether deviations from fundamental value or closed-end country fund's discounts or premiums forecast future share price returns or net asset returns. Design/methodology/approach The main ... -
Firm profitability and expected stock returns : evidence from Latin America
Berggrun, Luis; Cardona, Emilio; Lizarzaburu Bolaños, Edmundo R. (Elsevier Inc., 2020-01)Despite their higher valuation ratios, larger size, and higher investment needs, profitable firms outperform, in both raw and risk-adjusted returns, unprofitable firms in Latin America. The positive effect of firm profitability ... -
Industry momentum in Latin America
Berggrun, Luis; Cardona, Emilio; Lizarzaburu Bolaños, Edmundo R. (Elsevier Inc., 2023-03)We examine whether high-return industries outperform low-return industries in Latin America. Differences in performance between recent winner and loser industries are very often indistinguishable from zero. Evaluating the ... -
Profitability and money propagation in communities of bank clients : a visual analytics approach
Berggrun, Luis; Salamanca, Juan; Díaz, Javier Gustavo; Ospina, Juan David (Elsevier Inc., 2020-11)We analyze financial transactions of corporate bank clients not only at the level of particular customers, but also at the level of communities of customers and a system as a whole. We first build a structure of communities ... -
Profitability of momentum strategies in Latin America
Berggrun, Luis; Cardona, Emilio; Lizarzaburu Bolaños, Edmundo R. (Elsevier BV, 2020-07)This article examines performance of momentum portfolios in Latin America. Conventional momentum produces zero risk-adjusted returns. Residual and model-based momentum strategies are also unable to deliver positive and ...