The Co-Movement of the Malaysian Stock Return
The study of the fundamental analysis and stock return covers the period from 1999 to 2010 with the sample of 389 Malaysian stocks that are actively traded in Bursa Malaysia. The data has been analysed using Pooled OLS regression and the results showed that all the variables namely size, ROA, book t...
| 主要作者: | |
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| 格式: | Thesis |
| 語言: | 英语 英语 |
| 出版: |
2011
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| 主題: | |
| 在線閱讀: | https://etd.uum.edu.my/2870/1/Nakesvari_Shanmugam.pdf https://etd.uum.edu.my/2870/2/1.Nakesvari_Shanmugam.pdf https://etd.uum.edu.my/2870/ |
| Abstract | Abstract here |
| _version_ | 1855353192182710272 |
|---|---|
| author | Shanmugam, Nakesvari |
| author_facet | Shanmugam, Nakesvari |
| author_sort | Shanmugam, Nakesvari |
| description | The study of the fundamental analysis and stock return covers the period from 1999 to 2010 with the sample of 389 Malaysian stocks that are actively traded in Bursa Malaysia. The data has been analysed using Pooled OLS regression and the results showed that all the variables namely size, ROA, book to market ratio (BVMV), inflation and spread are significant at 1% level except effective tax rate. However, the R2 indicated that the explanation power of the models is very weak.
It can be concluded that all the variables that have been indentified above can be used to predict Malaysian stock return as they are able to explain the stock return. Thus, it tells that the fundamental factors can be used as an analytical tool to measure their influential level towards the stock returns. Finally, investing in the stock market could be a predictable form of investment if the investors know on what they are doing. |
| format | Thesis |
| id | oai:etd.uum.edu.my:2870 |
| institution | Universiti Utara Malaysia |
| language | English English |
| publishDate | 2011 |
| record_format | EPrints |
| record_pdf | Abstract |
| spelling | oai:etd.uum.edu.my:28702016-04-24T00:56:01Z https://etd.uum.edu.my/2870/ The Co-Movement of the Malaysian Stock Return Shanmugam, Nakesvari HG Finance The study of the fundamental analysis and stock return covers the period from 1999 to 2010 with the sample of 389 Malaysian stocks that are actively traded in Bursa Malaysia. The data has been analysed using Pooled OLS regression and the results showed that all the variables namely size, ROA, book to market ratio (BVMV), inflation and spread are significant at 1% level except effective tax rate. However, the R2 indicated that the explanation power of the models is very weak. It can be concluded that all the variables that have been indentified above can be used to predict Malaysian stock return as they are able to explain the stock return. Thus, it tells that the fundamental factors can be used as an analytical tool to measure their influential level towards the stock returns. Finally, investing in the stock market could be a predictable form of investment if the investors know on what they are doing. 2011-06 Thesis NonPeerReviewed application/pdf en https://etd.uum.edu.my/2870/1/Nakesvari_Shanmugam.pdf application/pdf en https://etd.uum.edu.my/2870/2/1.Nakesvari_Shanmugam.pdf Shanmugam, Nakesvari (2011) The Co-Movement of the Malaysian Stock Return. Masters thesis, Universiti Utara Malaysia. |
| spellingShingle | HG Finance Shanmugam, Nakesvari The Co-Movement of the Malaysian Stock Return |
| thesis_level | Master |
| title | The Co-Movement of the Malaysian Stock Return |
| title_full | The Co-Movement of the Malaysian Stock Return |
| title_fullStr | The Co-Movement of the Malaysian Stock Return |
| title_full_unstemmed | The Co-Movement of the Malaysian Stock Return |
| title_short | The Co-Movement of the Malaysian Stock Return |
| title_sort | co movement of the malaysian stock return |
| topic | HG Finance |
| url | https://etd.uum.edu.my/2870/1/Nakesvari_Shanmugam.pdf https://etd.uum.edu.my/2870/2/1.Nakesvari_Shanmugam.pdf https://etd.uum.edu.my/2870/ |
| work_keys_str_mv | AT shanmugamnakesvari thecomovementofthemalaysianstockreturn AT shanmugamnakesvari comovementofthemalaysianstockreturn |