Název:	An Effect of Financial Indicators on Share Price of largest US companies
Autoři:	Pešík, Jiří Taušl Procházková, Petra
Citace zdrojového dokumentu:	PEŠÍK, J. TAUŠL PROCHÁZKOVÁ, P. An Effect of Financial Indicators on Share Price of largest US companies. In Knowledge on Economics and Management. Olomouc: Palacký University Olomouc, 2022. s. 123-129. ISBN: 978-80-244-6232-5
Datum vydání:	2022
Nakladatel:	Palacký University Olomouc
Typ dokumentu:	konferenční příspěvek ConferenceObject
URI:	http://hdl.handle.net/11025/50752
ISBN:	978-80-244-6232-5
Klíčová slova v dalším jazyce:	fundamental analysis;machine learning;share price
Abstrakt v dalším jazyce:	There is fierce competition among various approaches for a share price determination, as technical, fundamental, and behavioural analyses try to explain the stock market phenomenon. This paper aims to contribute to the fundamental analysis and compare the importance of various financial indicators for investors. It uses financial data of one hundred largest companies from the New York Stock Exchange (NYSE) and the National Association of Securities Dealers Automated Quotations (NASDAQ) and determines how significantly the financial indicators influence the price of the share, using a panel regression model as the main statistical approach. In the second part of the paper, a machine learning approach is used to cluster shares into groups using the financial indicators and is studied how much the structure of the clusters matches the sectoral structure of the companies and how miscellaneous are the companies from a financial perspective.
Práva:	© Palacký University Olomouc
Vyskytuje se v kolekcích:	Konferenční příspěvky / Conference papers (KPM) OBD

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