scholarly journals An Empirical Analysis of Stochastic Implications of Stock Price Movements in the Nigerian Capital Market

2015 ◽  
Vol 2 (2) ◽  
pp. 39
Author(s):  
Ayakeme E Whisky
Keyword(s):  
Empirical Analysis ◽  
Capital Market ◽  
Stock Price ◽  
Agricultural Sector ◽  
Weak Form ◽  
Volatility Clustering ◽  
Price Movements ◽  
Empirical Insight ◽  
Stock Price Movements

The study provides further empirical insight to the behavior of stocks in four selected sectors of the Nigerian economy using the Runs and GARCH techniques to analyze monthly stock data for the period January 2006 to December, 2011. The results of the Runs Test do not support random movements of stocks in all the sectors, indicating homoscedasticity. The GARCH estimated model also shows volatility clustering in all the sectors except the Agricultural sector, which implies weak form inefficiency of the Nigerian capital market.

An Empirical Study on Efficient Market Hypothesis with reference to FMCG Sector

GIS Business ◽  
2020 ◽  
Vol 15 (1) ◽  
pp. 109-126
Author(s):  
Nitin Tanted ◽  
Prashant Mistry
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Abnormal Returns ◽  
Weak Form ◽  
Efficient Market Hypothesis ◽  
Controversial Issues ◽  
Efficient Market ◽  
Price Movements ◽  
Run Test ◽  
Stock Price Movements

One of the highly controversial issues in the area of finance is “Efficient Market Hypothesis”. Efficient Market Hypothesis states that, “In an efficient market, all available price information is reflected in the stock prices and it is not possible to generate abnormal returns compared to other investors.” A lot of studies conducted previouslyto test the Efficient Market Hypothesis, confirmed the theory until recent years, when some academicians found it to be non-applicable in financial markets. According to them, it is possible to forecast the stock price movements using Technical Analysis. The results of various studies have been inconclusive and indefinite about the issue. This study attempted to test the efficiency of FMCG Sector stocks in India in its weak form. For the study, closing prices of top 10 stocks from Nifty FMCG index has been taken for the 5-year period ranging from 1st October 2014 to 30th September 2019. Wald-Wolfowitz Run test has been used to test the haphazard movements in the stock price movements. The results indicated that FMCG sector stocks does support the Efficient Market Hypothesis and exhibit efficiency in its weak form. Hence, it is not possible to accurately predict the price movements of these stocks.

scholarly journals UJI AKURASI SUPPORT RESISTANCE BERBASIS DATA CANDLESTICK PADA INDUSTRI PERTAMBANGAN YANG TERDAFTAR DI INDEKS LQ45

2019 ◽  
Vol 6 (1) ◽  
Author(s):  
Octavian G. Reeves ◽  
Ivonne S. Saerang ◽  
Joubert B. Maramis
Keyword(s):  
Economic Development ◽  
Capital Market ◽  
Stock Price ◽  
Quantitative Research ◽  
Secondary Data ◽  
Mining Sector ◽  
Economic Progress ◽  
Support Resistance ◽  
Price Movements ◽  
Stock Price Movements

The capital market is one indicator of a country's economic progress, which contributes to the economic development of a country. Which can be described as a country's wheels, the source of funds for companies that are the support of a country. This research was conducted with the goals of studying accuracy support resistance by using Fibonacci retracement indicators based on candlestick stock price movements. The type of research used consists of a type of quantitative research using secondary data that contains a graph of the stock price of the LQ45 index mining sector which then carried out a different sample dependent test.The results of this study indicate that the support and resistance on the Fibonacci Retracement indicator has a difference with the selection price so that it can complete estimates of inaccurate support resistance.

A Utility-Based Model of Common Stock Price Movements

1986 ◽  
Vol 41 (1) ◽  
pp. 67-92 ◽  
Author(s):  
ROBERT H. LITZENBERGER ◽  
EHUD I. RONN
Keyword(s):  
Stock Price ◽  
Common Stock ◽  
Price Movements ◽  
Stock Price Movements

scholarly journals The Effect of The Match Results on Bali United’s Stock Price Movements

2020 ◽  
Vol 3 (1) ◽  
pp. 26
Author(s):  
Agung Novianto Margarena ◽  
Arian Agung Prasetiyawan
Keyword(s):  
Stock Market ◽  
Stock Prices ◽  
Stock Price ◽  
European Countries ◽  
Football Club ◽  
Study Results ◽  
Price Movements ◽  
Positive Effect ◽  
Stock Price Movements

This study was conducted due to differences in the study results inseveral countries related to the effect of the match results on stockmovements. Dimic et. al (2019) stated the match results effect themovement of stock prices, while Mishra & Smyth (2010) stated thevice versa. Then, Floros (2014) put forward different results throughthe study of four clubs in four European countries. Thus, this studyreexamines the effect of the match results on the stock pricemovement of Bali United. Moreover, Bali United is the first SoutheastAsian football club to be listed on the stock market. This study uses aquantitative method with a sample of 31 Bali United’s matches afterlisted on the stock market. The data were analyzed using simple linearregression with SPSS 21 with either won, drawn or lost match resultsrepresented by goal margins. The stock price movements arerepresented by stock prices after the results of the match. It was foundthat the results of the match had a positive effect on the stockmovement of Bali United

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