Markov Chain And Stock Price Movement In Nigeria (1985-2013)

ABSTRACT

The share prices of the stock market are volatile in nature. Investors are at risk without an indepth

knowledge of the operations of the stock market. We used regression analysis to

ascertain the relationship between the movement of share prices and economic growth. A

regression model was developed to capture the effect of the movement of share prices in the

Nigerian stock exchange market on economic growth. Markov chain was used to find effect

of the share prices. The results show that in the long run the increase and decrease in the

share prices will become stable with probability of 0.665and 0.335 respectively.

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APA

MADUABUCHI, I (2021). Markov Chain And Stock Price Movement In Nigeria (1985-2013). Afribary. Retrieved from https://tracking.afribary.com/works/markov-chain-and-stock-price-movement-in-nigeria-1985-2013

MLA 8th

MADUABUCHI, IROHA "Markov Chain And Stock Price Movement In Nigeria (1985-2013)" Afribary. Afribary, 15 May. 2021, https://tracking.afribary.com/works/markov-chain-and-stock-price-movement-in-nigeria-1985-2013. Accessed 23 Nov. 2024.

MLA7

MADUABUCHI, IROHA . "Markov Chain And Stock Price Movement In Nigeria (1985-2013)". Afribary, Afribary, 15 May. 2021. Web. 23 Nov. 2024. < https://tracking.afribary.com/works/markov-chain-and-stock-price-movement-in-nigeria-1985-2013 >.

Chicago

MADUABUCHI, IROHA . "Markov Chain And Stock Price Movement In Nigeria (1985-2013)" Afribary (2021). Accessed November 23, 2024. https://tracking.afribary.com/works/markov-chain-and-stock-price-movement-in-nigeria-1985-2013