DocumentCode
2912465
Title
An Analysis on Correlation of Factors Affecting Bank Share Prices
Author
Guoyi, Li ; Renzhong, Liu
Author_Institution
Financial Inst., Harbin Univ. of Commerce (HRBCU), Harbin, China
Volume
3
fYear
2009
fDate
26-27 Dec. 2009
Firstpage
394
Lastpage
397
Abstract
As weighted shares, price volatility of bank shares has a significant impact on the direction of the share market. In this paper, total equity, after-tax profits per share, GDP and the market index are adopted as the important relevant factors affecting bank share price. Meanwhile, these factors are analyzed and verified through the related test model to see if there is any relevance between them and the bank share prices at the end of the reporting period, so that some reference can be offered to the investors for decision making.
Keywords
banking; decision making; economic indicators; GDP; after-tax profits per share; bank share prices; decision making; factor correlation; market index; price volatility; weighted shares; Chaos; Econometrics; Economic indicators; Industrial engineering; Information management; Innovation management; Nonlinear dynamical systems; Share prices; Stock markets; Testing; bank; correlation; influential factors; share price; the share market;
fLanguage
English
Publisher
ieee
Conference_Titel
Information Management, Innovation Management and Industrial Engineering, 2009 International Conference on
Conference_Location
Xi´an
Print_ISBN
978-0-7695-3876-1
Type
conf
DOI
10.1109/ICIII.2009.404
Filename
5369143
Link To Document