文章基本信息

标题：Investment Risk and Returns: The Relationship Between A Stock and An Index Using the Modern Portfolio Theory
本地全文：下载
作者：Tan ZongMing ; Koomson Prince ; Ding Guoping 等
期刊名称：Research Journal of Finance and Accounting
印刷版ISSN：2222-1697
出版年度：2017
卷号：8
期号：4
页码：160-171
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：The aim of this report is to examine investment risk and returns by looking at the relationship between a stock and an index using the Markowitz Modern Portfolio theory. Monthly Data on IBM and Dow Jones were obtained from yahoo finance for the period 1995 to 2015. A linear regression was utilized to analyze the relationship between the Dow Jones index and the IBM stock returns. The results revealed that there is a positive relationship between IBM stock returns and the Dow Jones index. In their decision making, investors and policy makers are, recommended to additionally consider the micro and macro demand and supply forces that could possibly influence ROI. In other to avoid or reduce risk. Keywords: Portfolio, investment, risk, index, relationship, stocks
其他摘要：The aim of this report is to examine investment risk and returns by looking at the relationship between a stock and an index using the Markowitz Modern Portfolio theory. Monthly Data on IBM and Dow Jones were obtained from yahoo finance for the period 1995 to 2015. A linear regression was utilized to analyze the relationship between the Dow Jones index and the IBM stock returns. The results revealed that there is a positive relationship between IBM stock returns and the Dow Jones index. In their decision making, investors and policy makers are, recommended to additionally consider the micro and macro demand and supply forces that could possibly influence ROI. In other to avoid or reduce risk. Keywords : Portfolio, investment, risk, index, relationship, stocks
关键词：Portfolio; investment; risk; index; relationship; stocks