Volatility dynamics of the Botswana Stock Exchange (BSE). Good or Bad for Investors?

نویسندگان

چکیده

Purpose: Volatility can be a risk if it results to investors generating negative returns. On the other hand, an opportunity in positive Whether volatility generates returns or for may depend on general dynamics of stock market. The concern is that levels BSE stocks not enhancing investors. Therefore, study investigated whether are good bad investors.
 Methodology: Using market data from 2011 2013, we employ GARCH-M (1,1) model find out listed exchange.
 Findings: showed coefficient mean significant but negative. This implied significantly, negatively related volatility. concluded current and short-term.
 Unique contribution theory, practice policy: We recommend use buy hold strategy order realize

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ژورنال

عنوان ژورنال: International journal of finance

سال: 2022

ISSN: ['2520-0852']

DOI: https://doi.org/10.47941/ijf.965