Can Stock Price Movements Inform Operational Improvement Efforts? Evidence from the Airline Industry

2011 ◽  
Author(s):  
Jonathan W. Williams ◽  
Kamalini Ramdas ◽  
Wei Li ◽  
Marc L. Lipson
Keyword(s):  
Airline Industry ◽  
Stock Price ◽  
Operational Improvement ◽  
Price Movements ◽  
Stock Price Movements

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.

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

scholarly journals KARAKTERISTIK DEWAN KOMISARIS DAN IDIOSYNCRATIC VOLATILITY

2020 ◽  
Vol 20 (1) ◽  
pp. 61
Author(s):  
Sansaloni Butar Butar
Keyword(s):  
Financial Reporting ◽  
Stock Price ◽  
Practical Implication ◽  
Gender Diversity ◽  
Idiosyncratic Risk ◽  
Idiosyncratic Volatility ◽  
Specific Information ◽  
Specific Factors ◽  
Price Movements ◽  
Stock Price Movements

<em>CAPM has been used as a widely accepted model forstock valuation. According to CAPM, stock risks comprise of systematic and unsystematic risks. The latter is also called idiosyncratic risk. Since idiosyncratic riskis induced by firm-specific factors, it can be removed by forming portfolio. However, some empirical findings in various capital markets indicate that idiosyncratic risk cannot be completely eliminated. Thus, stock price movements may also be influenced by firm-specific factors. Volatility of stock price movements induced by firm- specific information are commonly called idiosyncratic volatility. The objective of this research is to provide evidence of the association between Board of Commissioners characteristics and idiosyncratic volatility in Indonesian capital market. More specifically, the characteristics include Board of Commissioners independence, size, gender diversity, busyness, and meeting frequency. Using sample of indonesian public firms in 2013-2017, regression analysis show that Board size and meeting frequency are inversely related with idiosyncratic volatility. However, Board independence, gender diversity, and busyness have no effect on idiosyncratic volatility. The practical implication of this study is that firms should establish Board of Commissioners with larger membership and urge Board of Commissioners to conduct more frequent meeting to discuss financial reporting-related issues.</em>

STOCK PRICE MOVEMENTS PREDICTION WITH TEXTUAL INFORMATION

2018 ◽  
Vol 46 (3) ◽  
Author(s):  
Wenxing Hong ◽  
Weiwei Wang ◽  
Yang Weng ◽  
SiShu Luo ◽  
Pingbo Hu ◽  
...  
Keyword(s):  
Stock Price ◽  
Textual Information ◽  
Price Movements ◽  
Stock Price Movements
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