Author: Patcharin LimlomwongsePublisher:
ISBN:
Category :
Languages : en
Pages : 224
Book Description
Dynamics of Stock Returns and Trading Volume on the Thai Securities Market
Author: Patcharin LimlomwongsePublisher:
ISBN:
Category :
Languages : en
Pages : 224
Book Description
Dynamic Relationship Between Stock Return, Trading Volume, and Volatility in the Stock Exchange of Thailand
Author: Komain JiranyakulPublisher:
ISBN:
Category :
Languages : en
Pages : 12
Book Description
Using daily data from 2004 to 2015, this paper attempts to examine the relationship between return, volume and volatility in the Thai stock market. The main findings are that trading volume plays a dominant role in the dynamic relationships. Specifically, trading volume causes both return and return volatility when the US subprime crisis is taken into account. The results may give understanding on how investors make their trading decisions that can affect portfolio adjustment.
Politics and Stock Returns: Evidence from Thailand
Author: Publisher:
ISBN: 9789741757855
Category : Rate of returen
Languages : en
Pages :
Book Description
Bank Stock Return Sensitivity to Interest Rate Changes in Thailand
Author: Sirikarn JeanchutimaPublisher:
ISBN:
Category :
Languages : en
Pages : 7
Book Description
Many studies were trying to explain the changes of stock returns by finding the factors impact on a certain market, industry, or stock. Focusing on the financial institution especially commercial bank, there are some research proved that interest rate is one of the crucial factor impact the commercial bank stock returns. Interest rate is the cost and return of money in financial market since commercial bank acts as major financial intermediary; therefore, interest rate is still the majority of its cost and return. In Thai stock market shows different result, the changing in interest rate reflects slightly on the change in stock returns. After taking a close look, the conclusion can be drawn from outcomes the bigger size of the bank experience the larger effect. Thus, bank size is not a real moderator affect the relationship, the trading volume of the bank is the real relevant factor. Consequently, the theory can be hold only if the market participants trade all bank stock equally.
The Causal and Dynamic Relationship Between Stock Returns and Trading Volume
Author: The Dynamics of Emerging Stock Markets
Author: Mohamed El Hedi ArouriPublisher: Springer Science & Business Media
ISBN: 3790823899
Category : Business & Economics
Languages : en
Pages : 214
Book Description
Emerging markets have received a particular attention of academic researchers and practitioners since they decided to open their domestic capital markets to foreign participants about three decades ago. At the same time, we remark that theoretical and empirical research in emerging stock markets has been particularly challenged by their fast changes in nature and size under the effects of financial liberalization and reforms. This evolving feature has particularly led to a commensurate increase in sophistication of modeling techniques used for understanding financial markets. In this spirit, the book aims at providing the audience a comprehensive understanding of emerging stock markets in various aspects using modern financial econometric methods. It addresses the empirical techniques needed by economic agents to analyze the dynamics of these markets and illustrates how they can be applied to the actual data. On the other hand, it presents and discusses new research findings and their implications.
Stock Market Volatility, Trading Volume and Tranding Styles by Investor Groups
Author: Kasidit PraneechitAsset Price Bubbles
Author: William Curt HunterPublisher: MIT Press
ISBN: 9780262582537
Category : Business & Economics
Languages : en
Pages : 650
Book Description
A study of asset price bubbles and the implications for preventing financial instability.
Retail Investor Sentiment and Behavior
Author: Matthias BurghardtPublisher: Springer Science & Business Media
ISBN: 3834961701
Category : Business & Economics
Languages : en
Pages : 170
Book Description
Using a unique data set consisting of more than 36.5 million submitted retail investor orders over the course of five years, Matthias Burghardt constructs an innovative retail investor sentiment index. He shows that retail investors’ trading decisions are correlated, that retail investors are contrarians, and that a profitable trading strategy can be based on these aggregated sentiment measures.
Geopolitical Risk on Stock Returns: Evidence from Inter-Korea Geopolitics
Author: Seungho JungPublisher: International Monetary Fund
ISBN: 1557759677
Category : Business & Economics
Languages : en
Pages : 36
Book Description
We investigate how corporate stock returns respond to geopolitical risk in the case of South Korea, which has experienced large and unpredictable geopolitical swings that originate from North Korea. To do so, a monthly index of geopolitical risk from North Korea (the GPRNK index) is constructed using automated keyword searches in South Korean media. The GPRNK index, designed to capture both upside and downside risk, corroborates that geopolitical risk sharply increases with the occurrence of nuclear tests, missile launches, or military confrontations, and decreases significantly around the times of summit meetings or multilateral talks. Using firm-level data, we find that heightened geopolitical risk reduces stock returns, and that the reductions in stock returns are greater especially for large firms, firms with a higher share of domestic investors, and for firms with a higher ratio of fixed assets to total assets. These results suggest that international portfolio diversification and investment irreversibility are important channels through which geopolitical risk affects stock returns.