Is the Development of WIG Index Determined by Certain Macroeconomic and Financial Factors?
The aim of this paper is to present an analysis whether certain financial ratios can have a significant impact on the development of a stock exchange index. In particular the benchmark stock exchange index is considered, as well as, the selected ratios are considered as the average ones for the whol...
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| Format: | Article |
| Language: | English |
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Sprint Investify
2016-06-01
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| Series: | Expert Journal of Economics |
| Subjects: | |
| Online Access: | http://economics.expertjournals.com/23597704-404/ |
| _version_ | 1811194147023880192 |
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| author | Krzysztof DRACHAL |
| author_facet | Krzysztof DRACHAL |
| author_sort | Krzysztof DRACHAL |
| collection | DOAJ |
| description | The aim of this paper is to present an analysis whether certain financial ratios can have a significant impact on the development of a stock exchange index. In particular the benchmark stock exchange index is considered, as well as, the selected ratios are considered as the average ones for the whole economy. Quarterly data between 2005 and 2015 were analyzed for the Warsaw Stock Exchange (Poland). |
| first_indexed | 2024-04-12T00:21:02Z |
| format | Article |
| id | doaj.art-41f4d35e3ee042c7b90dc64810f3d6a6 |
| institution | Directory Open Access Journal |
| issn | 2359-7704 |
| language | English |
| last_indexed | 2024-04-12T00:21:02Z |
| publishDate | 2016-06-01 |
| publisher | Sprint Investify |
| record_format | Article |
| series | Expert Journal of Economics |
| spelling | doaj.art-41f4d35e3ee042c7b90dc64810f3d6a62022-12-22T03:55:42ZengSprint InvestifyExpert Journal of Economics2359-77042016-06-01412433Is the Development of WIG Index Determined by Certain Macroeconomic and Financial Factors?Krzysztof DRACHAL0University of Warsaw, PolandThe aim of this paper is to present an analysis whether certain financial ratios can have a significant impact on the development of a stock exchange index. In particular the benchmark stock exchange index is considered, as well as, the selected ratios are considered as the average ones for the whole economy. Quarterly data between 2005 and 2015 were analyzed for the Warsaw Stock Exchange (Poland).http://economics.expertjournals.com/23597704-404/efficient market hypothesisfinancial ratiosratio analysisstock exchange |
| spellingShingle | Krzysztof DRACHAL Is the Development of WIG Index Determined by Certain Macroeconomic and Financial Factors? Expert Journal of Economics efficient market hypothesis financial ratios ratio analysis stock exchange |
| title | Is the Development of WIG Index Determined by Certain Macroeconomic and Financial Factors? |
| title_full | Is the Development of WIG Index Determined by Certain Macroeconomic and Financial Factors? |
| title_fullStr | Is the Development of WIG Index Determined by Certain Macroeconomic and Financial Factors? |
| title_full_unstemmed | Is the Development of WIG Index Determined by Certain Macroeconomic and Financial Factors? |
| title_short | Is the Development of WIG Index Determined by Certain Macroeconomic and Financial Factors? |
| title_sort | is the development of wig index determined by certain macroeconomic and financial factors |
| topic | efficient market hypothesis financial ratios ratio analysis stock exchange |
| url | http://economics.expertjournals.com/23597704-404/ |
| work_keys_str_mv | AT krzysztofdrachal isthedevelopmentofwigindexdeterminedbycertainmacroeconomicandfinancialfactors |