Precision

Precision1

Accuracy

Bigbias

Inf

−3.888

−0.438

0.016***

3.861**

(−1.19)

(−0.23)

(3.53)

(2.57)

Ldependent

3.791***

2.244***

0.189***

0.487***

(48.66)

(41.49)

(7.59)

(14.53)

Horizon

−1.743***

−0.721***

0.001***

1.032***

(−20.56)

(−20.17)

(11.48)

(28.91)

_Cons

7.876***

6.589***

−0.015***

−4.795***

(6.73)

(10.07)

(−5.53)

(−6.63)

Other Control Variables

Yes

Yes

Yes

Yes

Year Quarter Industry Effect

Yes

Yes

Yes

Yes

N

33,982

33,982

22,153

26,567

pse. R-sq/adj. R-sq

0.500

0.303

0.147

0.108