Analysis between macroeconomic variables and stock returns Financial Essay
In the same vein, this article examines the relationship between the macroeconomic variables GDP, inflation, interest rate, exchange rate, money supply and oil prices and total stocks. The nature of the relationship between stock returns and the three monetary variables of interest rate bonds. returns, inflation and money supply growth, although often studied, remains unclear. We, full. 7, no. 5, pp. 6-18. Link between stock market returns and macroeconomic variables: Evidence from Turkey. Erhan Cankal. Yildirim Beyazit University, Business School. For example, oil prices change in response to shocks from exogenous geopolitical events or supply disruptions, and financial markets can change unexpectedly in response to financial crises. In this section we study the relationship between changes in oil price variables and volatility, economic growth indicators and the stock market. Based on heteroscedastic cointegration analysis, Liu and Shrestha 2008 investigate the causal relationship between Chinese stock market indices and macroeconomic indicators, money supply and industrial sector. This article aims to study the nature of the causal relationship between stock prices and macroeconomic variables in India, if such a relationship exists. This study examines the long- and short-term relationships between the US stock price index, Samp, and six macroeconomic variables over the period 1-1999:4. We see that stock prices are negatively related to long-term interest rates, but positively related to money supply, industrial production, inflation, etc. Macroeconomic variables play an important role in financial markets because they determine the state of the economy. According to the efficient market hypothesis, all information should be included, stock returns and macroeconomic variables for the emerging market of India. Using time series analysis, this article uses Vector Autoregression VAR to determine the impact of the macroeconomy. The financial sector is considered important in signaling economic development. It is a common view that stock market returns contain important information about economic well-being and the economy. Based on more recent data from September and September 2010, this article examines the effects of macroeconomic variables on stock market returns using the Johansen. This study analyzed the effect of ESG score, financial performance and macroeconomic variables on stock returns by using the Covid period in Indonesia as a dummy variable. Between macroeconomic variables and stock markets. Suleiman, Hussain and Ali 2009, using multiple regression analysis on a sample containing the -This study included multiple linear regression to comprehensively analyze the correlation between variables using annual panel data for the International Islamic Arab Bank, the Jordan Islamic Bank. Our main objectives are: 1 to find the key fundamental and macroeconomic indicators that determine the stock returns of companies listed on the Tehran Stock Exchange TSE, 2 to compare the performance of newly developed bagging and boosting based ensembles in predict annual real stock returns from the TSE and, based on wavelet analysis, the results show that the interrelationship between stock and macroeconomic returns is statistically significant at low, medium and high frequencies in this country.