The Importance of Financial Ratios for Predicting Stock Price Trends: The Evidence from the Visegrad Group
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F17%3A00010955" target="_blank" >RIV/47813059:19520/17:00010955 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The Importance of Financial Ratios for Predicting Stock Price Trends: The Evidence from the Visegrad Group
Original language description
This study examines the effect of the main microeconomic factors on the stock prices of select financial sector companies listed on the Central European Exchanges (Budapest Stock Exchange, Prague Stock Exchange, Bratislava Stock Exchange, or Warsaw Stock Exchange). The microeconomic factors are based on the financial situation in companies. For the analysis are used financial ratios, gained from the financial statements of the individual companies. In general, the paper confirmed that rentability and debt ratios are the most important business factors from the prospective of its impact on stock prices. The relationship between observed variables is explored using panel regression analysis. The ordinary least squares method is used for constructing a regression model. The sample period of our dataset is composed of annual data from 2002 to 2015.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
20th International Scientific Conference "Enterprise and Competitive Environment",
ISBN
978-80-7509-499-5
ISSN
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e-ISSN
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Number of pages
10
Pages from-to
663-672
Publisher name
Mendel University in Brno
Place of publication
Neuveden
Event location
Brno
Event date
Mar 9, 2017
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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