Mean reversion in stock prices

1988/10/01 by James M. Poterba, Lawrence H. Summers · 5 citations
Chemistry · Economics, Econometrics and Finance · #Chemistry #Complex Systems and Time Series Analysis #Economics #Financial Markets and Investment Strategies #Financial Risk and Volatility Modeling #Financial economics #Geography #Mean reversion #Monetary economics #Reversion #Stock (firearms)

paper · doi:10.1016/0304-405x(88)90021-9

crossref issued 1988/10/01 · crossref published 1988/10/01 · crossref published-print 1988/10/01 · openalex publication_date 1988/10/01 · crossref created 2002/07/26 · crossref deposited 2018/09/28 · openalex created_date 2025/10/10 · openalex updated_date 2026/08/05 · crossref indexed 2026/08/05

Citations

• Stock Prices and Social Dynamics
• Permanent and Temporary Components of Stock Prices
• Does the Stock Market Overreact?
• Noise

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• A model of investor sentiment1We are grateful to the NSF for financial support, and to Oliver Blanchard, Alon Brav, John Campbell (a referee), John Cochrane, Edward Glaeser, J.B. Heaton, Danny Kahneman, David Laibson, Owen Lamont, Drazen Prelec, Jay Ritter (a referee), Ken Singleton, Dick Thaler, an anonymous referee, and the editor, Bill Schwert, for comments.1
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