Short Term Trading Using Stock Recommendations on WSE
Short Term Trading Using Stock Recommendations on WSE

Summary/Abstract: This article concerns the impact of broker’s recommendations on shaping short-term price trends after the date of publication of the brokerage house report. In his deliberations, the author attempts to analyze the factors affecting the probability of price movements coinciding with the recommendation’s message within two weeks from the moment the valuation appears. The conducted research indicates that such factors as: the time of issuance of the recommendation, the institution performing the report, the sector for which the recommendation was issued and the message suggesting the order have an impact on the probability of a return rate coinciding with the recommendation’s message.

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