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Factors affecting share returns
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Abstract
The purpose of this study is to examine the effect of various macroeconomic factors on the returns of the stock market shares in the United Kingdom using the linear regression and the method of least squares, while reviewing earlier research on the reruns of stocks where various factors and different methodologies are put to the test.
The result of this research shows that there is a positive linear correlation between the returns of the shares and the returns of the index value of the hundred largest in capitalization shares of the London Stock Exchange .
The result also showed that there is no effect of inflation, the gross national product and the size of the available coins and banknotes outside the banking system.
The above conclusion we may not necessarily apply to other economies. In other economies outside the United Kingdom the above factors may actually affect the share returns
Also recommend future research to examine other factors such as the P/E ratio, the coefficient beta, returns of previous years and the effect of the size as in the research of Fant and Peterson in order to find other factors that can affect the performance of stock returns.
Postgraduate Studies Programme
Αναλογιστική Επιστήμη και Διοικητική ΚινδύνουDepartment
Σχολή Χρηματοοικονομικής και Στατιστικής. Τμήμα Στατιστικής και Ασφαλιστικής ΕπιστήμηςNumber of pages
164Language
GreekCollections
Except where otherwise noted, this item's license is described as
Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές
Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές