Stock Price Growth Research Articles

Comprehensive Analysis of Risk and Return Associated with Equity Stock Investment

This study provides a comprehensive analysis of the risk and return profiles of six prominent Indian automobile stocks: TVS Motor, Ashok Leyland, Bajaj Auto, MRF Ltd, Hero MotoCorp, and Mahindra & Mahindra, covering the period from 2020 to 2024. The findings reveal significant growth across the sector, with varying degrees of volatility. Key metrics such as stock price growth, earnings per share (EPS), return on equity (ROE), and price-to- earnings (P/E) ratios were analyzed, highlighting the importance of understanding both growth potential and associated risks

A Financial Analysis and Valuation of Chevron Corporation

With the continuous development of the global economy, the demand for energy continues to grow, and the market size of oil and gas as an important source of energy continues to expand, and the growth potential of the oil and gas market in the future is still huge. As an internationally renowned energy company, Chevron occupies an important position in the global oil and gas market. Firstly, the financial indicator analysis method is used to compare the financial data in 2023 with the other three energy companies to obtain its financial strength with strong asset liquidity, high solvency and strong profitability. Secondly, from the aspects of profitability, development ability and valuation, it is concluded that Chevron has strong market competitiveness, large room for stock price growth, and greater investment opportunities. Finally, it is concluded that Chevron has a high investment value, but it still faces certain risks and challenges, and it is necessary to pay attention to the impact of international oil price fluctuations on the company's performance and should pay close attention to its risk factors and take corresponding measures to face it positively.

Enhancing Analytical Precision in Company Earnings Reports through Neurofuzzy System Development: A Comprehensive Investigation

The object of research is the fundamental and technical indicators of companies after the release of the earnings report. This study attempts to address the issue of understanding the impact of fundamental and technical analysis indicator dynamics on profits and loss news releases. This research provides an in-depth analysis of stock price forecasting models, focusing on the influence of earning report seasons as catalysts for stock price growth. The study explores the relationship between key financial indicators, including earnings per share (EPS), revenue, and the maximum price observed in the 52-week period of the previous year (MaxW52). A trading algorithm is developed based on the adaptive neurofuzzy inference system (ANFIS). Through a comprehensive analysis of the neural network’s training sample, it is concluded that abnormally large negative indicators have a profound impact on traders’ emotional reactions. This results leads to a hypothesis for further research, suggesting that report indicators may be processed by computational algorithms, potentially including artificial intelligence (AI). Consequently, the emergence of emotional trading robots managed by investment funds becomes a crucial area for investigation. Understanding the behavior of these algorithms enables proactive decision-making, allowing traders to leverage their knowledge and sell-purchased securities to these algorithms before their transactions occur. The implications of this research shed light on the evolving landscape of trading strategies and the role of emotionality in financial markets.

Pengaruh CEO Narcism, Corporate Social Responsibility Syariah, Profitabilitas, dan Likuiditas, Terhadap Nilai Perusahaan (Studi Empiris pada Real estate, property dan construction yang Terdaftar di Bursa Efek Indonesia Periode Tahun 2017-2021)

This study aims to examine the influence of CEO Narcism, CSR, ROA and Liquidity on company value. The problem in this study is shown by the value of stock price growth from the property, real estate and construction sectors showing a decline in 2018 to 2020. Based on the problem, the problem in this study is: How does the CEO of Narcism, Corporate social responsibility, profitability, and liquidity affect the company's value in Real estate, property and construction listed on the Indonesia Stock Exchange for the 2017-2021 period)?. This research uses secondary data in the form of financial statements obtained through the Financial Services Authority website. This study used purposive sampling method. The population in this study is all property, real estate and construction companies whose shares have been listed on the IDX since 2017-2021. A total of 53 companies were selected as research samples during 2017-2021. The analysis method used in this study is multiple regression analysis. Based on the results of data analysis and discussion that has been put forward about the influence of CEO Narcism, CSR, ROA and Liquidity on company value, it can be concluded that ROA has proven to have a significant effect on company value, this indicates that the increase in company value is influenced by an increase in ROA, meaning ROA policy What the company does affects the value of the company. CEO Narcism, CSR and Liquidity have not proven to have a significant effect on company value.

Has the Fed Responded to House and Stock Prices? A Time-Varying Analysis

Abstract We investigate whether the Federal Reserve has responded systematically to house and stock prices and whether this response has changed over time using a Bayesian structural VAR model with time-varying parameters and stochastic volatility. To recover the systematic component of monetary policy, we interpret the interest rate equation in the VAR as an extended monetary policy rule responding to inflation, the output gap, house prices, and stock prices. Our results indicate that the systematic component of monetary policy in the United States responded to real stock price growth significantly but episodically, mainly around recessions and periods of financial instability, and took real house price growth into account only in the years preceding the Great Recession. Around half of the estimated response captures the predictor role of asset prices for future inflation and real economic activity, while the remaining component reflects a direct response to stock prices and house prices.

Analisa Pengaruh Rasio Keuangan Terhadap Pertumbuhan Harga Saham Bank Buku IV Yang Terdaftar Di Bursa Efek Indonesia

Research on the effect of financial ratios on stock prices has been carried out on various research objects, but specifically examining the effect of financial ratios specifically on the growth of BUKU IV bank stock prices has never been done so that research is needed to reveal what the effect of financial ratios consisting of Net Profit Margin ( NPM), Return On Equity (ROE), Debt to Equity Ratio (DER) and Current Ratio (CR) to the growth of BUKU IV bank stock prices. The research sample was taken from banking companies in the BUKU IV category as many as 7 companies that have been listed on the Indonesia Stock Exchange for the period 2017 to 2019. The sampling method was purposive sampling using secondary data in the form of quarterly financial reports published through the Indonesia Stock Exchange website. The data were analyzed using the E-views econometrics program version 10. through the estimation stages of panel data regression model selection, normality test, heteroscedasticity test, multicollinearity test and then hypothesis testing. The results showed that partially Net Profit Margin (NPM) and Debt to Equity Ratio (DER) had a significant effect on stock price growth, while Return On Equity (ROE) and Current Ratio (CR) did not. significant effect on the growth of BUKU IV bank stock prices. However, simultaneously Net Profit Margin (NPM), Return On Equity (ROE), Debt to Equity Ratio (DER) and Current Ratio (CR) have no effect on the growth of BUKU IV bank stock prices, so there are other independent variables that are not included in the study which affect the growth of stock prices.

The Effect of Solvability, Profitability, and Macroeconomics on Stock Price Growth on Automotive Sub Sector Companies Listed on IDX

The purpose of this study is to provide empirical evidence about the effect of solvability, profitability, and macroeconomics on the stock price growth for automotive sub-sector companies listed on the IDX for the 2019-2021 period. Solvability is proxied using the debt to equity ratio, profitability is proxied using earning per share. The macroeconomics is represented exchange rate growth and interest rates. The data analysis technique used in this study is multiple linear regression analysis. The population in this study are automotive sub-sector companies on the IDX for the 2019-2021 period, which consists of 12 companies. Determination of the sample using saturated sampling with a total of 36 samples. The results showed that partially debt to equity ratio and exchange rate growth had a positive and not significant effect on stock price growth, earning per share had a positive and significant effect on stock price growth, and interest rate had a negative effect and not significant effect on stock price growth.

Stock Valuation and Business Performances of Indonesia Health Care Provider Company after Post Covid 19 Pandemics (Case Study of PT. Medikaloka Hermina, Tbk.)

The Covid-19 pandemic caused a contraction in the Indonesian economy, as evidenced by the large number of layoffs, and several companies had to declare bankruptcy, but this did not occur for companies engaged in health services, including hospitals. The large number of Indonesians infected with the Covid-19 virus caused hospitals to experience an increase in inpatient admissions, which accelerated the hospitals’ financial performance in a very short period of time. PT Mediloka Hermina, Tbk (HEAL) is a private hospital with the greatest number of branches in Indonesia, all of which are impacted by the Covid-19 pandemic. This is also a positive sentiment among stock investors, as they perceive the health industry sector to have very promising future prospects. Several listed hospital company on the IDX have seen their share prices increase significantly over the past year, including PT. Mediloka Hermina, Tbk, whose share price increased by 197 percent between 23 March 2020 and 23 March 2021. This made the author curious about PT Mediloka Hermina, Tbk’s stock valuation and whether its shares are classified as overvalued or undervalued. This study utilizes secondary data obtained from the annual report of PT. Mediloka Hermina, Tbk as well as idx.co.id and stockbit.com, among others. The data was processed with the absolute valuation method (Discounted Cash Flow) and the relative valuation method (Relative Value) in mind (EV EBITDA and Price Earnings to Ratio). Using the Discounted Cash Flow model, the company’s intrinsic value is IDR 452.80 per share. It has a safety margin of -135 percent relative to the per-share market price of IDR 1,065 as of 31 December 2021. The intrinsic value per share is 688 IDR based on the relative price-to-earnings ratio and relative valuation EV EBITDA of 7.21. Following the evaluation procedure. The author may determine the relationship between HEAL’s fundamental company and its stock price growth.

Pengaruh Profitabilitas Terhadap Harga Saham Pada Perusahaan Manufaktur Sub Sektor Tekstil dan Garmen Yang Terdaftar di Bursa Efek Indonesia

In general, funders have the main objective of obtaining optimum net profit. The phenomenon that occurs in this research is the relationship between asset returns, return of equity prices and fluctuating stock prices in the 2016-2021 period. This study aims to determine the impact of asset returns and unilateral equity returns as well as stock price growth. The sample in this research is garment and textile companies listed on IDX for the 2016-2021 period, which is 6 industries. Data collection is done by collecting secondary data. The data analysis technique used is multiple linear regression, namely 1.974+0.028-0.236. The results of this study indicate that partially Return On Assets (ROA) has an effect on stock prices and the Return On Equity (ROE) variable has no effect on stock prices and based on the F test together Return On Assets (ROA) and Return On Equity (ROE). ) has a significant effect on stock prices. The determination test shows that Return On Asset and Return On Equity have an effect of 93.5%. while 6.5% is influenced by other variables not examined in this study.

Prediction of stock price growth for novel greedy heuristic optimized multi-instances quantitative (NGHOMQ)

Prediction of stock price growth for novel greedy heuristic optimized multi-instances quantitative (NGHOMQ)

Covid-19 and Firms’ Stock Price Growth: The Role of Market Capitalization

ABSTRACT This paper studies the role of capitalization on firms’ stock price growth in response to new cases of Covid-19 infections in the United States. Controlling for firm and time fixed effects, our panel model estimates show that the effect of new cases of Covid-19 infections on firms’ stock price growth is significantly increasing in capitalization: For each one standard deviation increase in capitalization, a one standard deviation increase in new cases of Covid-19 infections increases the weekly growth rate of firms’ stock prices by about 0.7% points. Effects of capitalization on the impact that Covid-19 infections have on firms’ stock price growth are largest in the travel, tourism, and hospitality sector. Smaller but still positive effects of capitalization are present in the pharmaceutical products, high-tech, and banking and finance sectors. The results are robust to controlling firms’ elasticity of demand, productivity, financial constraints, managerial compensations, and aggregate money growth and economic activity.

Subjective beliefs and ambiguity aversion

This study finds a significant relationship between one’s subjective beliefs on a natural event and her degree of ambiguity aversion. By using a bins-and-balls experiment to elicit the entire subjective prior distribution of stock price growth next year, and an Ellsberg-urn experiment to elicit the degree of ambiguity aversion, we find that individuals exhibiting a higher degree of ambiguity aversion: (1) have lower expectations on future stock price growth rates; and (2) assign higher subjective probabilities on states representing negative growth, but lower subjective probabilities on states representing positive growth. These results thus have an important implication that studies testing the effect of ambiguity aversion on certain economic and financial behaviors are suggested to control subjective beliefs. Otherwise, the effect of ambiguity aversion may be overestimated.

PENGARUH EARNING PER SHARE (EPS) DAN PERTUMBUHAN PENJUALAN TERHADAP HARGA SAHAM PADA PERUSAHAAN FARMASI YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI)

On investing in the capital market one thing that must be considered is the stock price. The price of shares offered on a stock exchange is related to the achievements of the company. The share price can be purchased by earnings per share (EPS) and sales growth. The purpose of this study was to study the effect of earnings per share (EPS) and sales growth on the stock prices of pharmaceutical companies listed on the Indonesian stock exchange (IDX). The population in this study were 11 pharmaceutical companies that were accepted on the Stock Exchange and sampled through purposive sampling techniques as many as 9 companies in the 2015-2019 period. This study uses multiple linear regression analysis. EPS partial research results positive and significant EPS on EPS stock prices EPS has tcount (54,435)> ttable (2,02439), on the other hand, partial sales growth, positive and significant effect on stock prices, economic growth, thitung sales value ( -3,525) table (-2.02439). Simultaneous EPS and positive and significant growth in stock prices due to the results obtained Fcount (1560,773)> Ftable (3.25).

Does the research meeting affect the shareholding ratio of institutional investors in listed companies? Empirical evidence from China

PurposeThis paper discusses whether institutional investors change the shareholding ratio of listed companies through research meeting, and whether this active investment mode can really improve the investment efficiency of institutional investors.Design/methodology/approachUsing empirical research method, this study designs and conducts an empirical research according to empirical research's basic norms. Thus, we acquire needed and credible empirical data. This study analyzes whether institutional investors seek their private interest in researched companies by analyzing their research meetings and the shareholding ratios of different types of institutional investors using Shenzhen Stock Exchange data on listed firms from 2014 to 2018.FindingsThis study finds that the research meetings of institutional investors provide participants with reliable information which supports the decision of institutional investors to change their shareholding ratio. The stock price growth rate strengthens the positive correlation between the research meetings of institutional investors and the shareholding ratio of institutional investors. Additionally, transactional institutional investors increase the shareholding ratio, while holding institutional investors do not.Originality/valueThis paper combines the behavior of institutional investors with the holding status of institutional investors, and discusses the impact of institutional investors' behavior on investment decisions. At the same time, it classifies the institutional investors and discusses the attitude of different types of institutional investors towards this active investment mode.

Covid-19 and Firms’ Stock Price Growth: The Role of Market Capitalization

Covid-19 and Firms’ Stock Price Growth: The Role of Market Capitalization

Improving Executive Compensation in the Fossil Fuel Sector to Influence Green Behaviours

Environmental degradation, increased poverty, and displacement, are just some of the effects brought about by climate change. As these effects continue to batter the world, the call to mitigate climate change is becoming louder and more frequent. In responding to this call we commence our related investigation with a review of the multidisciplinary literature in this area. This includes integrating the human resource management literature, the sociology literature, the environmental studies literature, and an econometrics methodology into examining and analyzing compensation practices as innovative solutions for tackling climate change. We employ a fixed panel analysis, and examine disclosed organizational data from 42 of the largest global fossil fuel organizations – arguably the principal climate change contributors. Our analysis takes into consideration multiple control variables (e.g., age, size, value), and employs a broad dataset (2005-2016). Our findings suggest that executive stock- option compensation oriented around a three-year or more vesting period will enhance green behaviours by the respective management. In part, this can likely be attributed to the link between personal profitability and its contingency on a firm’s stock price growth and overall organizational performance. The contributions of this paper reach beyond the traditional human resource management literature, where many studies are oriented around only linking sustainability targets to compensation in hopes of mitigating climate change. Instead, our findings and conclusions, not only clear up misconceptions related to linking sustainability practices and compensation for the purpose of mitigating climate change, but also offer newer perspectives in looking at how compensation practices can be best manipulated (through more specific timelines) to enhance greener behaviours.

Does Patent Help to Build Investment Portfolio of China A-Shares under China-US Trade Conflict?

Patent, a legal representation of innovation achievement, is strongly meaningful for almost every country’s economic growth and technology development. China, the world’s no. 2 stock market, is the world’s largest patent application country. In this study, we observed 2,197 China-listed companies of Renminbi (RMB) common stocks (A-shares) from 2016 to 2018. The relationship among 570 valid patent indicators and financial indicators of the stock price, Return-on-Assets (ROA), and Return-on-Equity (ROE) was examined. We constructed patent leading indicators, patent kernel indicators, and patent prediction equations for predicting the stock price, ROA, and ROE using the Granger causality test and the dynamic time series forecast model. The stock performance of investment portfolios based on patent prediction equations was thoroughly discussed. We found that investment portfolios constructed by the higher predictive ROA, the higher predictive ROE, and the higher predictive stock price growth rate have better performance than the A-shares’ average. The underlying concept behind this study is that despite the overall economic environment fluctuation and the China-US trade conflict, the patent-based algorithm proposed was proved to be useful to discover good investment portfolios.

PENGARUH FAKTOR FUNDAMENTAL, INVESTMENT OPPORTUNITY SET, DAN PERTUMBUHAN PERUSAHAAN TERHADAP HARGA SAHAM YANG DIMEDIASI OLEH PUTUSAN INVESTASI SEKTOR PERKEBUNAN PADA BURSA EFEK INDONESIA

The share price of the plantation sector during the period of 2013 - 2017 is one of the sectors that have growth negative (Financial Market Update, 2017). This study uses a sample of plantation sector companies listed on the Indonesia Stock Exchange during 2013-2017 with a sampling technique that is purposive sampling and analyzed with structural equation modelling (SEM) . The results of the study show that the fundamentals of stock prices both directly and indirectly are significant. IOS to share prices, both directly and indirectly, are significant. While the company's growth in stock prices both directly and indirectly are not significant. This is because the growth of plantation sector companies is more dominantly influenced by external factors outside of management and company conditions. Investment decisions have a significant effect on stock prices. Investment decisions have a significant effect intervening the effect of fundamental variables on stock prices. Investment decisions also significantly influence intervening the effect of IOS variables on stock prices. While investment decisions have no significant effect in intervening the company's growth in stock prices.

Impact of Portfolio Strategies on Portfolio Performance and Risk

The Portfolio strategies are the effective investment tools pertaining to active and passive investment approaches. This signifies the investor’s inclination of buying and selling the risky and risk-free assets. The research includes four strategies namely buy and hold strategy, dynamic asset allocation, strategic asset allocation and tactical asset allocation along with their dimensions. Strategies based hypothetical portfolios are generated on the basis of 14 years’ stock prices (2005-2017). The annually and monthly risk-adjusted return ratios; Sharpe ratio, Treynor’s measure, CAPM and Jenson Alpha are calculated individually. Simulated annualized portfolios generate significant result with Sharpe and treynor measure. Alpha return is generated with buy and hold if based on growth in stock prices. For empirical result, One-way analysis of variance (ANOVA) is used for studying the relationship between the strategies. Post hoc Tukey’s test is applied to find the difference between the strategies. The ANOVA and Tukey’s post hoc test for monthly portfolios gives significant results with three measure Sharpe ratio, CAPM and Jenson Alpha. No empirical significant result is measured on the basis of treynor measure.

Appraisal Rights and Economic Growth

In disputes relating to valuation, the courts prefer the discounted cash flow (DCF) method and the capital asset pricing model (CAPM). The usual approach is to calculate value year-by-year for the coming five years (the projection period) and to use projected average cash flow to calculate value for the period thereafter (the terminal period). Since cash flow differs from GAAP earnings by netting out funds reinvested in the firm (plowback), future returns can be expected to grow. Thus, one must adjust for expected growth during the terminal period. The standard practice is to reduce the discount rate by the projected inflation rate plus the GDP growth rate, since a firm must keep up with inflation (lest it disappear over time) and since economic growth comes from returns generated by business. But if plowback generates return at the same rate ordinarily required of the firm, growth in value will equal plowback. Thus, it is simpler to use projected GAAP earnings as the measure of return. To use cash flow together with an adjusted discount rate is akin to making Maraschino cherries – which are first soaked in lye to remove color and flavor and then soaked in food coloring and sugar to put it back. The question is whether long-term growth in firm value is limited to growth from plowback. There is good reason to think so since opportunities to generate above normal returns (economic rents) are likely to dissipate quickly because of competition. Still, it is possible that firms do grow by more than can be explained by plowback. But data are to the contrary. Since 1930, S&P 500 growth can be fully explained by plowback (GAAP earnings less dividends) together with reinvestment by investors. While plowback has been just enough to match inflation, remaining growth in stock prices is slightly less than would be expected by dividend reinvestment (consistent with diversion of some portion to consumption). The data since 2000 is somewhat different in that plowback has been less than inflation, but stock prices have nonetheless increased consistent with reinvestment. The bottom line is that real stock prices seem to grow slightly more than the real growth rate but a bit less than plowback plus the likely reinvestment rate. It follows that as there is no reason for stockholders to expect any more growth and no need for courts to struggle with estimating growth rates. By using projected GAAP earnings as the measure of average long-term return, the courts can use an unadjusted discount rate to calculate terminal value.