Return fluctuation

The study investigated stock market reactions to oil price fluctuations in Nigeria. A longitudinal design consisting of data on the Nigerian Stock market index, crude oil prices, exchange rate, interest rate, inflation rate and GDP for the period 1984-2019 was employed. The data were subjected to stationarity and cointegration tests using ADF and Johansen’s techniques. Based on the results of the stationarity and cointegration tests, Vector error correction model was used to analyse the research data.

8p kethamoi7 15-08-2020 26 2   Download

This paper investigates the dynamics of the factors of the Fama & French (1993) model using data from the UK financial market. Since financial markets are exposed to exogenous and endogenous structural changes due to the implementation of new regulative guidelines and/or the fluctuation of investors’ behavior or the unanticipated financial crises, my analysis is based on an econometric methodology that accounts for structural breaks and regimes shifts.

19p nguyenanhtuan_qb 09-07-2020 31 4   Download

Chapter 7, risk and return. After studying this chapter you will be able to: Important bond features and types of bonds, cond values and yields and why they fluctuate, bond ratings and what they mean, the impact of inflation on interest rates, the term structure of interest rates and the determinants of bond yields.

26p nanhankhuoctai3 25-05-2020 22 3   Download

This study investigates (i) the impact of first- and second-moment exchange rate exposure on individual firm value and the stock return volatility underlying exchange rate fluctuation, (ii) the time-varying exchange rate exposure following the 1997 Asian financial turmoil and the global financial crisis which started in 2007. We find a high percentage of exposed firms before the two crises but if this percentage decreases dramatically after, the exposure level is much larger. The two crises affect also the asymmetric profile of the firms and volatilities.

23p covid19 19-04-2020 20 2   Download

Policyholder capability to easily and promptly change their insurance cover, in terms of contract conditions and provider, has substantially increased during last decades due to high market competency levels and favourable regulations. Consequently, policyholder behaviour modelling acquired increasing attention since being able to predict costumer reaction to future market’s fluctuations and company’s decision achieved a pivotal role within most mature insurance markets.

30p cothumenhmong4 24-03-2020 42 4   Download

Krishi Vigyan Kendra conducted front line demonstration on Cumin variety GC-04 at farmer’s fields in district Barmer during years 2012-13 to 2018- 19. The productivity and economic returns of Moong in demonstrated plots were calculated and compared with the corresponding local check. The data obtained was pooled for seven years. It was observed that on an average 27.14 percent higher grain yield was recorded in demonstration plots than the local check. The extension gap, technology gap and technology index were 1.37 q/ha, 5.09 q/ha and 42.47 percent, respectively.

6p nguaconbaynhay3 07-02-2020 7 0   Download

This paper aims to evaluate the effect of the January 25 revolution on stock performance in the Egyptian market during 2010–2012 by analyzing its effects on trading volume, market return fluctuation, and closing price. These variables are analyzed pre- and post-January 25 revolution using the Descriptive statistics group unit root test, cointegrating equation model, GARCH model, and ARCH model.

9p viankara2711 04-12-2019 14 0   Download

Chapter 7, risk and return. After studying this chapter you will be able to: Important bond features and types of bonds, cond values and yields and why they fluctuate, bond ratings and what they mean, the impact of inflation on interest rates, the term structure of interest rates and the determinants of bond yields.

50p shiwo_ding6 25-05-2019 23 1   Download

This paper presents results of a pilot research in HCMC stock market in 2010: issues of seasoned equity on the HoSE make the stock prices fall drastically two-four days before the ex-rights (XR) day, especially the issue of subscription rights.

8p danhnguyentuongvi27 19-12-2018 44 2   Download

Chapter 6 - Interest rates and bond valuation. Chapter 6 introduces you to the world of interest rates and bonds. Though bonds are considered to be among the safest investments available, they are not without risk. The primary risk that bond investors face is the risk that market interest rates will fluctuate. Those fluctuations cause bond prices to move, and those movements affect the returns that bond investors earn. Chapter 6 explains why interest rates vary from one bond to another and the factors that cause interest rates to move.

56p nomoney13 04-05-2017 39 6   Download

The SB interest rate was decreased in March 2003, from 4% to 3.5%, when inflation was around 3%. In April 2010, after RBI changed the method of calculating interest on SB accounts, the depositors saw an increase in their returns on savings. However, the fluctuating inflation has been very high in recent years. The SB deposits are the major source of savings (investment) for many depositors, including pensioners, small savers and senior citizens. Not having the ability to be good money managers, such persons are getting high negative returns on their hard earned monies.

23p machuavo 19-01-2013 52 3   Download

The term of a bond ends on the bond’s maturity date, when the issuer repays to the investor the face amount listed on the bond. When a bond is held to maturity, its face amount is repaid in full. Before maturity, however, the value of a bond often fluctuates. These continual changes in bond prices are influenced by many factors, including interest rate movements, supply of and demand for bonds, changes in the financial health of bond issuers, returns offered by other investments, and the maturity date of a bond. Price fluctuations will be addressed more fully on pages 12 and 13....

48p enter1cai 16-01-2013 58 3   Download

Some affluent investors use municipal bond funds as a source of tax-exempt interest income. Because municipal bond funds tend to have lower before-tax interest yields than those on taxable bonds, this investment is usually appropriate only for people in high tax brackets. Finally, investors may use short-term, high-quality bond funds as an alternative to money market funds.While this strategy can provide higher returns, it does entail the risk that the investor could lose some principal because of fluctuating bond prices....

41p enter1cai 16-01-2013 58 6   Download

Our findings also suggest that the economic importance of options’ incentive effects is small. The size and accuracy of our data set enable sufficiently precise measurement to find compelling statistical evidence that there is an effect. However, the size of the effect is such that ordinary option grants have only small impacts on firm risk. Moreover, our tests of stock-price response to option-induced risk-taking find no evidence of costs or benefits to shareholders from this activity.

49p bocapchetnguoi 06-12-2012 67 3   Download

The traditional view that expected nominal rates of return on assets should move one-for- one with expected inflation is first attributed to Irving Fisher (1930). Financial economists have also argued that, because stocks are claims on physical, or “real”, assets, stock returns ought to co-vary positively with actual inflation, thereby making them a possible hedge against unexpected inflation.

43p bocapchetnguoi 06-12-2012 46 2   Download

This article contributes to the literature by investigating whether or not oil price changes have significantly affected stock market returns in the last years. In fact, during these years price volatility for both crude oil and related products has been great. Unlike most previous papers, which focus on the U.S., European and major Asian stock markets, our paper analyses the impact of oil price fluctuations on Gulf Corporation Council (GCC) markets. These markets are interesting for several reasons. First, GCC countries have attracted increasing attention in recent years.

13p quaivattim 04-12-2012 55 3   Download

The argument that pension funds should only assume a risk-free rate of return in assessing pension fund adequacy ignores the distinction between governmental units, which need be little concerned over the timing of market fluctuations, and individual investors, who must be very sensitive to market timing. This argument also fails to recognize the fact that over a long period, future stock returns are inversely related to current price-to-earnings (PE) ratios.

20p quaivattim 04-12-2012 50 3   Download

A phenomenon called “mercury sunrise” was discovered in 1995 by Canadian atmospheric researcher Bill Schroeder working in the Arctic. The phenomenon occurs when the sun first returns after the long dark winter, producing high levels of one form of mercury, called reactive gaseous mercury. In fact the highest levels of this form of mercury ever recorded were found in the Canadian Arctic. At the same time, levels of elemental mercury drop dramatically. When he first saw the mercury readings on his instruments fluctuate wildly, Dr. Schroeder assumed the instruments were not working properly.

29p yeurauxanh88 01-10-2012 44 3   Download