Analyzing interconnections between national stock exchange India and global markets using data analytics

نویسندگان

چکیده

<span>Financial networks have become increasingly complex and interconnected in the global economy. In this context, use of data analytics has emerged as a valuable tool for understanding analyzing relationships between different financial markets. This paper presents study using Pearson partial correlation analysis to explore interconnections National Stock Exchange India (NSEI) stock The aims provide insights into dynamics patterns or cross-markets interactions identify potential opportunities investment risk management that considering world’s 43 major indices based on imports exports. historical from 1<sup>st</sup> January 2008 30<sup>th</sup> June 2022 was obtained public domain. study, Python framework developed investigate correlation-based results showed these two types are significantly each other. Furthermore, discovered NSEI is closely connected Singapore market integrated with other These findings emphasize complexities important implications investors policymakers.</span>

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Predictive Analytics On Public Data - The Case Of Stock Markets

This work examines the predictive power of public data by aggregating information from multiple online sources. Our sources include microblogging sites like Twitter, online message boards like Yahoo! Finance, and traditional news articles. The subject of prediction are daily stock price movements from Standard & Poor’s 500 index (S&P 500) during a period from June 2011 to November 2011. To fore...

متن کامل

Forecasting FTSE Index Using Global Stock Markets

Using data from July 1997 to July 2007, we examine if the FTSE index is affected by the past behavior of the DOW, DAX, NIKKEI, Hang Seng and Shanghai indices. We compare three different methods of estimating regression parameters. The results show that the FTSE lagged variable and the NIKKEI and DOW past performance are good indicators of the future performance of the FTSE. The models produce d...

متن کامل

Interdependence between Foreign Exchange Markets and Stock Markets in Selected European Countries

In this analysis the interdependence between foreign exchange markets and stock markets for selected accession and cohesion countries is discussed. This includes basic theoretical approaches. Monthly data for the nominal stock market indices and nominal exchange rates are used, where Ireland, Portugal, Spain, Greece, Poland, Czech Republic, Slovenia, and Hungary are included in the analysis. Fr...

متن کامل

Turnover and return in global stock markets

I study how growth affects liquidity of global stock exchanges and how liquidity determines cross-sectional returns on those stock exchange index portfolios. I measure portfolio liquidity by turnover ratio computed as value of shares traded over the market capitalization. I obtain data from FIBV, an association of global stock exchanges. In a multiple regression model for turnover ratio, I find...

متن کامل

ANN Model to Predict Stock Prices at Stock Exchange Markets

Stock exchanges are considered major players in financial sectors of many countries. Most Stockbrokers, who execute stock trade, use technical, fundamental or time series analysis in trying to predict stock prices, so as to advise clients. However, these strategies do not usually guarantee good returns because they guide on trends and not the most likely price. It is therefore necessary to expl...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Indonesian Journal of Electrical Engineering and Computer Science

سال: 2023

ISSN: ['2502-4752', '2502-4760']

DOI: https://doi.org/10.11591/ijeecs.v32.i2.pp968-976