The DOI matches its Crossref record.
On Market Timing and Investment Performance. I. An Equilibrium Theory of Value for Market Forecasts
Overview
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Citations
Cited by
Hedge Fund Benchmarks: A Risk-Based Approach
Fung, W., & Hsieh, D. A. (2004) · Financial Analysts Journal · doi:10.2469/faj.v60.n5.2657 · Cited by 1,031
A Simple Nonparametric Test of Predictive Performance
Pesaran, M. H., & Timmermann, A. (1992) · Journal of Business & Economic Statistics · doi:10.1080/07350015.1992.10509922 · Cited by 892
Forecasting exchange rates using feedforward and recurrent neural networks
Kuan, C., & Liu, T. (1995) · Journal of Applied Econometrics · doi:10.1002/jae.3950100403 · Cited by 428
A comparison of artificial neural network and time series models for forecasting commodity prices
Kohzadi, N., Boyd, M. S., Kermanshahi, B., & Kaastra, I. (1996) · Neurocomputing · doi:10.1016/0925-2312(95)00020-8 · Cited by 293
Portfolio Performance Measurement: Theory and Applications
Chen, Z., & Knez, P. J. (1996) · Review of Financial Studies · doi:10.1093/rfs/9.2.511 · Cited by 290
Metadata
- Authors
- Merton, R. C.
- Venue
- The Journal of Business
- Publisher
- University of Chicago Press
- Published
- 1981-01
- Volume
- 54
- Issue
- 3
- Pages
- 363
- ISSN
- 0021-9398 (ISSN-L)
- 1537-5374
- OpenAlex
- W4256425349
- Cited by
- 504
- References
- 0
- FWCI
- 4.20
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
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How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: On Market Timing and Investment Performance. I. An Equilibrium Theory of Value for Market Forecasts. https://app.cochat.ai/papers/10.1086/296137
- The paper
- Merton, R. C. (1981). On Market Timing and Investment Performance. I. An Equilibrium Theory of Value for Market Forecasts. The Journal of Business. https://doi.org/10.1086/296137
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
