dc.contributor.author | Mehrara, Mohsen | |
dc.date.accessioned | 2017-09-06T15:03:23Z | |
dc.date.available | 2017-09-06T15:03:23Z | |
dc.date.issued | 2013 | |
dc.identifier.issn | 2300-2697 | |
dc.identifier.uri | http://www.scipress.com/ILSHS.9.59.pdf | |
dc.identifier.uri | http://www.ssoar.info/ssoar/handle/document/53409 | |
dc.description.abstract | The question of whether asset price changes are predictable has long been the subject of many studies. Many studies, using historical returns based on random walk tests, have shown that stock return is not predictable. We study return predictability of the Tehran Exchange Price Index (TEPIX) based on monthly data from 2000 to 2011. For forecasting the return, we used a recursive estimation method in which the parameter estimates were updated recursively in light of new weekly observations, and also its regressors were changed recursively according to the Schwarz Bayesian Criterion. The results show that the daily stock returns are not predictable using publicly available information. | en |
dc.language | en | |
dc.publisher | SciPress | |
dc.subject.ddc | Wirtschaft | de |
dc.subject.ddc | Economics | en |
dc.subject.other | Forecasting; Stock Market; Tehran Exchange Price Index | |
dc.title | Return Predictability of Stock Price Index in Tehran Stock Exchange | en |
dc.description.review | begutachtet (peer reviewed) | de |
dc.description.review | peer reviewed | en |
dc.source.journal | International Letters of Social and Humanistic Sciences | |
dc.publisher.country | CHE | |
dc.source.issue | 9 | |
dc.subject.classoz | Volkswirtschaftstheorie | de |
dc.subject.classoz | National Economy | en |
dc.rights.licence | Creative Commons - Namensnennung 4.0 | de |
dc.rights.licence | Creative Commons - Attribution 4.0 | en |
internal.status | formal und inhaltlich fertig erschlossen | |
dc.type.stock | article | |
dc.type.document | Zeitschriftenartikel | de |
dc.type.document | journal article | en |
dc.source.pageinfo | 59-64 | |
internal.identifier.classoz | 1090301 | |
internal.identifier.journal | 1120 | |
internal.identifier.document | 32 | |
internal.identifier.ddc | 330 | |
dc.identifier.doi | https://doi.org/10.18052/www.scipress.com/ILSHS.9.59 | |
dc.description.pubstatus | Veröffentlichungsversion | de |
dc.description.pubstatus | Published Version | en |
internal.identifier.licence | 16 | |
internal.identifier.pubstatus | 1 | |
internal.identifier.review | 1 | |
internal.dda.reference | xml-database-9@@6 | |
internal.check.abstractlanguageharmonizer | CERTAIN | |
internal.check.languageharmonizer | CERTAIN_RETAINED | |