the development of the cyprus stock exchange together with the increasing trend of investors’ presence in financing activities has led to the importance of this market. in such circumstances, the first step towards a sustainable development of the exchange is to support the investors. risk of bankruptcy for the investee is a major challenge that an inexperienced stock investor encounters. in th...

Aggregate asset growth— …rst di¤erences of the logarithm of household net worth— can capture time variation in changes in expected returns in quarterly and annual horizons in which stock returns have virtually zero autocorrelations. Regressions of changes in stock returns on aggregate asset growth provide stable estimates of slope coe¢ cients over time, which improve out-of-sample predictabilit...

In this paper we have investigated the interactions between stock prices and exchange rates in three emerging countries of South Asia named as Bangladesh, India and Pakistan. We have considered average monthly nominal exchange rates of US dollar in terms of Bangladeshi Taka, Indian Rupee and Pakistani Rupee and monthly values of Dhaka Stock Exchange General Index, Bombay Stock Exchange Index an...

Correspondence: [email protected] School of Computer Science, University of Birmingham, Edgbaston, B15 2TT Birmingham, United Kingdom Full list of author information is available at the end of the article Abstract Predicting investors reactions to financial and political news is important for the early detection of stock market jitters. Evidence from several recent studies suggests that o...

Most studies of the predictability of stock and bond returns rely on in-sample tests. In this paper, we test the ability of ten financial variables that have appeared in the extant literature to predict S&P 500 and CRSP equal-weighted stock returns out-of-sample over horizons of 1-10 years. We also test the ability of two financial variables, the term and default spreads, to predict long-term c...

The present study examines the stock return volatility relationship of emerging economies from 2007 to 2013 which also includes the financial crisis of 2008 and its impact on emerging economies of the world. For the methodology, GARCH model is used to examine the impact of news coming from US which is affecting the returns of global index S&P 500 as well as the returns generated by the indices ...

This is a known fact that news and stock prices are closely related and news usually has a great influence on stock market investment. There have been many researches aimed at identifying that relationship or predicting stock market movements using news analysis. Recently, massive news tests, called unstructured big-data, have been used to predict stock price. In this paper, we introduce a meth...

The portfolio management for trading in the stock market poses a challenging stochastic control problem of significant commercial interests to finance industry. To date, many researchers have proposed various methods to build an intelligent portfolio management system that can recommend financial decisions for daily stock trading. Many promising results have been reported from the supervised le...

The purpose of this paper is the empirically examination of the effect of the Institutional Quality Components (Voice and Accountability, political stability and Absence of Violence and Terrorism, government effectiveness, regulatory quality, rule of law and control of corruption) on the prediction of total stock price index. The study was carried out using data extracted from 53 countries from...

In its Exposure Draft, "Accounting for Stock-based Compensation," FASB proposes that either the Black-Scholes or binomial option pricing model be used to expense employee stock options, and that the value of these options be measured on their grant date with typically modest ex-post adjustment. This brings the accounting profession squarely up against the Scylla of imposing too narrow a set rul...