Implications and Usefulness of Fundamental and Technical Analysis in Stock Market Decision Making

Satish, K.; Nagendra, S.; Jayashree,

doi:10.17010/ijf/2018/v12i5/123702

Cited by 2 publications

(1 citation statement)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In contrast, technical analysis bases its judgments on previous prices on the presumption that past actions impact the future performance of stock market returns (Patel et al, 2015). Technical analysis is more effective for shortterm trading and market timing, whereas fundamental analysis is best for long-term investments (Nagendra et al, 2018). Both techniques can be integrated to plan and carry out investments throughout the medium and long term.…”

Section: Introductionmentioning

confidence: 99%

Determinants of stock prices in telecommunication industry: An application of fundamental analysis

Nagina,

Othman

2024

J. Infras. Policy. Dev.

View full text Add to dashboard Cite

The present study attempted to assess the impact of fundamental ratios on the share prices of selected telecommunication companies in India. India has dramatically expanded over the past ten years to become the second-biggest telecoms market worldwide, with 1.17 billion users. The Indian telecom industry has proliferated thanks in part to the government of India’s liberal and reformist policies and strong customer demand. It has become a lucrative investment sector for investors due to its recent and prospective growth. Data on 13 telecom firms indexed in the S&P BSE telecommunication index from 2013 to 2022 were taken from companies’ annual reports, the BSE website (Bombay Stock Exchange), and other secondary sources. Six firm-specific fundamental factors viz. Debt to Equity ratio (D/E), Current ratio (CR), Total Assets Turnover ratio (ATR), Earnings per share (EPS), Price to earnings ratio (P/E), Return on equity (ROE), and three country-specific fundamental factors viz. Gross Domestic Product, Inflation rate, and S&P BSE Sensex return were considered. Fixed effect panel regression through Generalized Least Square (GLS) model was performed to find inferences. Debt Equity ratio and Inflation rate were found to impact share price negatively. Conversely, the Total Assets Turnover ratio (ATR), Earnings per share (EPS), Price to Earnings ratio (P/E), and Return on Equity (ROE) positively impacted selected companies’ share prices. The study results will benefit individual & institutional investors in formulating their investment and portfolio diversification strategies for gaining a high effective rate of return on their investments.

show abstract

Section: Introductionmentioning

confidence: 99%

Determinants of stock prices in telecommunication industry: An application of fundamental analysis

Nagina,

Othman

2024

J. Infras. Policy. Dev.

View full text Add to dashboard Cite

show abstract

Será a dinâmica Ichimoku eficiente? Uma evidência nos mercados de ações

Almeida

2021

Innovar

View full text Add to dashboard Cite

este artigo visa contribuir para o aumento do conhecimento do método de negociação Ichimoku, através de evidências teórico-empíricas sobre a capacidade preditiva dessa dinâmica de investimento. Apesar de essa dinâmica de investimento ter aparecido no Japão na década de 1930, só nos últimos anos começou a ganhar relevância para os investidores e académicos fora do Japão, existindo ainda uma lacuna na existência de trabalhos de investigação académica. Na persecução desse objetivo, estudaram-se cinco índices de mercados de capitais de diferentes zonas geográficas, tendo sido analisadas 26.295 cotações diárias, testando-se diferentes estratégias de negociação baseadas nas linhas Ichimoku. As estratégias de negociação produziram um conjunto de 22.083 sinais de negociação, possibilitando avaliar a capacidade preditiva e performance do sistema de negociação Ichimoku. O trabalho permitiu concluir que a dinâmica de negociação Ichimoku fornece sinais de tendências de negociação, sendo que as estratégias implementadas permitem criar valor para os investidores. Conclui-se também que a dinâmica Ichimoku apoia as decisões de investimento e possibilita que os investidores reajam rapidamente no mercado bearish, sendo útil para sinalizar tendências e revertê-las. A estratégia baseada na linha chikou span mostrou ser a mais rentável e a que propicia melhor remuneração por acréscimo de risco.

show abstract

Implications and Usefulness of Fundamental and Technical Analysis in Stock Market Decision Making

Cited by 2 publications

References 0 publications

Determinants of stock prices in telecommunication industry: An application of fundamental analysis

Determinants of stock prices in telecommunication industry: An application of fundamental analysis

Será a dinâmica Ichimoku eficiente? Uma evidência nos mercados de ações

Contact Info

Product

Resources

About