The boss of Hugo Boss gave the most precise forecast with his board colleagues in 2021.
(Photo: Hugo Boss AG)
Dusseldorf In the current reporting season, investors on the stock exchange can rely on one thing: If companies miss their forecast, their shares will be punished mercilessly. Because the expectations that have already been priced in must then be corrected.
The German Association for the Protection of Securities (DSW) has therefore calculated which German companies have made particularly precise forecasts and where investors were therefore immune to unpleasant surprises. She presented the results on Thursday.
Erik Strauß, Professor of Controlling and Corporate Management at the University of Witten/Herdecke, examined for DSW how precise the HDax forecasts were for the 2021 financial year.
The index includes all stocks from the leading German index Dax, the small-cap index MDax and the technology index TecDax. The figures for 2021 are the most up-to-date data available because not all annual financial statements are available for 2022.
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