The Relationship Between Trading Volume and Stocks' Returns : Value Versus Growth Stocks in Malaysia
Value stocks have higher returns than growth stocks in Kuala Lumpur Composite Index from January 1, 2001 to January 1, 2009. This investigation empirically examines the relationship between monthly rates of return and trading volumes on value and growth stocks. The evidence of KLCI shows that return...
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| Format: | Thesis |
| Language: | English |
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2009
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| Online Access: | https://etd.uum.edu.my/3631/1/s800016.pdf https://etd.uum.edu.my/3631/ |
| Abstract | Abstract here |
| _version_ | 1855353299532775424 |
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| author | Kadour, Ahmad |
| author_facet | Kadour, Ahmad |
| author_sort | Kadour, Ahmad |
| description | Value stocks have higher returns than growth stocks in Kuala Lumpur Composite Index from January 1, 2001 to January 1, 2009. This investigation empirically examines the relationship between monthly rates of return and trading volumes on value and growth stocks. The evidence of KLCI shows that returns affect volume. In addition, there is no relationship between volume trading and the types of stocks, i.e., growth or value. The Granger causality tests show that there is no causality relationship between volume and return for growth stocks. However, there is bidirectional causality relationship between volume and return for value stocks. |
| format | Thesis |
| id | oai:etd.uum.edu.my:3631 |
| institution | Universiti Utara Malaysia |
| language | English |
| publishDate | 2009 |
| record_format | EPrints |
| record_pdf | Abstract |
| spelling | oai:etd.uum.edu.my:36312013-11-04T03:32:34Z https://etd.uum.edu.my/3631/ The Relationship Between Trading Volume and Stocks' Returns : Value Versus Growth Stocks in Malaysia Kadour, Ahmad HG Finance Value stocks have higher returns than growth stocks in Kuala Lumpur Composite Index from January 1, 2001 to January 1, 2009. This investigation empirically examines the relationship between monthly rates of return and trading volumes on value and growth stocks. The evidence of KLCI shows that returns affect volume. In addition, there is no relationship between volume trading and the types of stocks, i.e., growth or value. The Granger causality tests show that there is no causality relationship between volume and return for growth stocks. However, there is bidirectional causality relationship between volume and return for value stocks. 2009 Thesis NonPeerReviewed text en https://etd.uum.edu.my/3631/1/s800016.pdf Kadour, Ahmad (2009) The Relationship Between Trading Volume and Stocks' Returns : Value Versus Growth Stocks in Malaysia. Masters thesis, Universiti Utara Malaysia. |
| spellingShingle | HG Finance Kadour, Ahmad The Relationship Between Trading Volume and Stocks' Returns : Value Versus Growth Stocks in Malaysia |
| thesis_level | Master |
| title | The Relationship Between Trading Volume and Stocks' Returns :
Value Versus Growth Stocks in Malaysia |
| title_full | The Relationship Between Trading Volume and Stocks' Returns :
Value Versus Growth Stocks in Malaysia |
| title_fullStr | The Relationship Between Trading Volume and Stocks' Returns :
Value Versus Growth Stocks in Malaysia |
| title_full_unstemmed | The Relationship Between Trading Volume and Stocks' Returns :
Value Versus Growth Stocks in Malaysia |
| title_short | The Relationship Between Trading Volume and Stocks' Returns :
Value Versus Growth Stocks in Malaysia |
| title_sort | relationship between trading volume and stocks returns value versus growth stocks in malaysia |
| topic | HG Finance |
| url | https://etd.uum.edu.my/3631/1/s800016.pdf https://etd.uum.edu.my/3631/ |
| work_keys_str_mv | AT kadourahmad therelationshipbetweentradingvolumeandstocksreturnsvalueversusgrowthstocksinmalaysia AT kadourahmad relationshipbetweentradingvolumeandstocksreturnsvalueversusgrowthstocksinmalaysia |