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TZID:Europe/Zurich
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UID:54@zqfa.ch
DTSTART;TZID=Europe/Zurich:20240321T183000
DTEND;TZID=Europe/Zurich:20240321T220000
DTSTAMP:20240227T130847Z
URL:https://www.zqfa.ch/events/zqfa-meetup-34/
SUMMARY:ZQFA Meetup #34: Temporal Focus and Stock Price Reactions to Earnin
 gs Calls
DESCRIPTION:We are very happy to invite you to the first ZQFA Meetup this y
 ear. It is our great pleasure to announce our guest speaker\, Dr. Ming Den
 g\, Quantitative Analyst at LGT Private Banking. In this meetup\, our gues
 t will guide us through his paper "Temporal Focus and Stock Price Reaction
 s to Earnings Calls".\n\nDr. Ming Deng - Quantitative Analyst (LGT Private
  Banking)\nTopic: "Temporal Focus and Stock Price Reactions to Earnings C
 alls"\nAbstract: Using machine-learning algorithms and a conventional rule
 -based approach\, we develop a measure of temporal focus in earnings calls
 \, ``Future minus Past (FMP)''. In presentations\, managers who emphasize 
 the future appear to do so tactically\, whereas their future focus in answ
 ers signals information. Consequently\, stock prices respond negatively to
  FMP in presentations but positively in answers. Reactions to FMP are more
  favorable when future information is relevant and agency concerns are low
 . The stock price reactions align with analyst responses and changes in un
 certainty. Overall\, the context in which information is presented influen
 ces how investors and analysts interpret the same linguistic feature.\n\nT
 he event will be hosted at University of Zurich Zentrum\, room KOL-G-217 a
 nd will be followed-up by some beers at bQm.\n\nLooking forward to seeing 
 you at the event!\n\nYour ZQFA-Team
CATEGORIES:Meetup
LOCATION:KOL-G-217\, Rämistrasse 71\, Zurich\, 8006\, ZH\, Switzerland
X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Rämistrasse 71\, Zurich\, 
 8006\, ZH\, Switzerland;X-APPLE-RADIUS=100;X-TITLE=KOL-G-217:geo:0,0
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TZID:Europe/Zurich
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DTSTART:20231029T020000
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