SSRNEconometrics & Forecasting
Industry Information and Equity Return Predictability
Using production, employment, and sales data across 426 industries, the research shows that upstream industry signals predict aggregate monthly stock returns with 23.8% out-of-sample R-squared.
Featured in No. 132 on 25 Sep 2026 · 6 days after release
- Released
- 19 Sep 2026
- First featured
- No. 132 · 25 Sep 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 3 of 5
- Identifier
- SSRN 7486138
- Authors
- Elham Ghorbani and Rasoul Foroughfard
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).