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From
Analyzing and Explaining the Forecasting Bias that Occurred on Initial Public Offerings that Took Place in Brazil
Estevao Seccatto Rocha, Anderson Dias Brito
Journal of Finance and Economics
.
2024
, 12(3), 53-62 doi:10.12691/jfe-12-3-2
Table 1. Descriptive statistics net revenue forecast errors
Full size table and legend
Table 2. Descriptive statistics of EBITDA forecast errors
Full size table and legend
Table 3. Descriptive statistics of net profit forecast errors
Full size table and legend
Table 4. Summary of Offerings by Leading Underwriter
Full size table and legend
Table 5. Summary of Revenues Forecast vs. Actuals by Leading Underwriter
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Table 6. Summary of EBITDA Forecast vs. Actuals by Leading Underwriter
Full size table and legend
Table 7. Summary of Net Income Forecast vs. Actuals by Leading Underwriter
Full size table and legend
Table 8. Results of t test and Wilcoxon test
Full size table and legend