An Empirical Study on the Correlation between Stock Prices and Financial Indexes Based on Regression Analysis—Take the Education Industry as an Example

Abstract

This paper divides the financial indicators into five categories by collecting the financial data of listed companies in the education industry in the past three years. The stepwise regression method empirically analyzes the relationship between financial indicators and stock prices of listed companies in the education industry. The analysis results show that: among listed companies in the education industry, financial indicators such as earnings per share, net assets per share, ROE(return on equity), the gross profit margin on sales, total asset turnover, and equity multiplier have a significant impact on stock price changes.