Contact: +91-9711224068
International Journal of Applied Research
  • Multidisciplinary Journal
  • Printed Journal
  • Indexed Journal
  • Refereed Journal
  • Peer Reviewed Journal

ISSN Print: 2394-7500, ISSN Online: 2394-5869, CODEN: IJARPF

Impact Factor: RJIF 8.4

International Journal of Applied Research

Vol. 1, Issue 10, Part M (2015)

Hong Kong stock market’s rational speculative bubble periods-2008

Author(s)
Devendran Indiran, Nurfadhlina Abdul Halim, Wan Muhamad Amir W Ahmad
Abstract
Rational speculative bubble can be explained as upward movements of prices above fundamental value. This study focused on rational speculative bubble period of Hong Kong stock market during year 2008. The intrinsic value predicted by using the selected time interval is 20997.03 which shows that the market value is deviated about 33.63% from its fundamental value. This deviation is called as size of the speculative rational bubble that formed during global economic crisis 2008. By using the predicted intrinsic value, we found that the rational speculative bubble start to form and grow in Hong Kong stock market from 15/06/2006 to 10/12/2007. There are two bubble phases found in the period of selected time interval. It is essential needs for researcher to study on financial bubbles. It is because the economic bubbles are one of the serious issue that give negative implications to the development of economy which is the factor leads to an economy crisis.
Pages: 863-865  |  722 Views  5 Downloads
How to cite this article:
Devendran Indiran, Nurfadhlina Abdul Halim, Wan Muhamad Amir W Ahmad. Hong Kong stock market’s rational speculative bubble periods-2008. Int J Appl Res 2015;1(10):863-865.
Call for book chapter
International Journal of Applied Research