Vývoj výnosu a rizika u vybraných finančních firem, kótovaných na burze cenných papírů NYSE
Development of Profit and Risk of Selected Financial Companies Listed on Stock Exchange NYSE
Author(s): Daniel Kopta, Martin MaršíkSubject(s): Economic history, Transformation Period (1990 - 2010), Present Times (2010 - today), Financial Markets
Published by: Vysoká škola evropských a regionálních studií, z. ú.
Keywords: stock markets; profitability; risk; volatility; financial crisis;
Summary/Abstract: In the presented article the evolution of returns and risks in the sector „Financials“ on the stock exchange NYSE is analyzed. The work focuses on the situation during the financial crisis in October 2007. The survey shows that average stock returns of the financial sector increased in the pre-crisis period while decreasing volatility of the markets. This suggests that investors responded inadequately to reports of possible financial crisis. After the financial crisis, the collapse in the finance sector more pronounced than the drop in the main index, but at the same time this market segment regenerated faster. Simultaneously there was a significant increase in volatility. However, the values of risk indicators of financial markets have remained high even after the reversal of the bull market trend (since March 2009).
Journal: Auspicia
- Issue Year: 2011
- Issue No: 1
- Page Range: 77-81
- Page Count: 5
- Language: Czech
