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The Investigation and Comparison of Fundamental and Technical Methods in Explaining Stock Return in Iran Capital Market
Academic Journal of Accounting and Economic Researches
View Archive Info| Field | Value | |
| Title |
The Investigation and Comparison of Fundamental and Technical Methods in Explaining Stock Return in Iran Capital Market
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| Creator |
HeidariKelishmi, Elham
Moradi, Zahra Shirazi, Mahmood |
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| Description |
This study was applied and correlational with regard to purpose and nature. The data were collected through field studies. Published information by Securities and Exchange Organization and Rah Avard Novin 3 Software Database were used in this study. In order to calculate the technical scales, Trader Useful Software was used and the diagrams were analyzed. The statistical method used in this study was correlation coefficient because the data were not distributed normally. The results of testing the hypotheses showed that there was a positive significant relationship between the calculated returns in the two technical methods, i.e., Dual Moving Average and Relative Strength Index, and market real return. In addition, there was a weak positive significant relationship between the expected return by the fundamentalists calculated by Capital Asset Pricing Model and market real return. The results of testing the hypotheses showed that there was no significant relationship between the calculated technical returns through Dual Moving Average Method and Relative Strength Index, and the fundamental return calculated through Capital Asset Pricing Model.
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| Publisher |
Academic Journal of Accounting and Economic Researches ISSN 2333-0783
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| Contributor |
—
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| Date |
2018-02-01
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://worldofresearches.com/ojs-2.4.4-1/index.php/ajaer/article/view/615
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| Source |
Academic Journal of Accounting and Economic Researches ISSN 2333-0783; Vol 4, No 1 (2015): January 2015
2333-0783 2375-7493 |
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| Language |
eng
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| Relation |
http://worldofresearches.com/ojs-2.4.4-1/index.php/ajaer/article/view/615/396
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| Rights |
Copyright (c) 2018 Academic Journal of Accounting and Economic Researches ISSN 2333-0783
http://creativecommons.org/licenses/by-nc/4.0 |
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