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International Journal of Applied Research
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ISSN Print: 2394-7500, ISSN Online: 2394-5869, CODEN: IJARPF

IMPACT FACTOR (RJIF): 8.4

Vol. 4, Issue 1, Part E (2018)

A study of individual stock through box-Ljung Q-statistic based on autocorrelation matrices

A study of individual stock through box-Ljung Q-statistic based on autocorrelation matrices

Author(s)
Dr. Neelam Gupta
Abstract
Weak form of market efficiency to find out stock price movements in less developed capital markets. The study related to 1973-1978 period and for 23 stocks listed on the Bombay Stock Exchange. With the help of moving average, it has been found that random walk model appears to be an adequate representation of the price behaviour of individual stocks trade on the BSE. He further confirmed that the parameters estimated through the sample stocks were insignificantly different from zero resulted into a generalization of random behaviour of successive movement of stock prices over the BSE.
Pages: 335-338  |  259 Views  74 Downloads


International Journal of Applied Research
How to cite this article:
Dr. Neelam Gupta. A study of individual stock through box-Ljung Q-statistic based on autocorrelation matrices. Int J Appl Res 2018;4(1):335-338.
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