Assessment of relation between global and Central Europe stock market trends on the example of the Warsaw Stock Exchange  Cover Image

Ocena relacji pomiędzy trendami giełd światowych a trendami giełd Europy Środkowowschodniej na przykładzie warszawskiej Giełdy Papierów Wartościowych
Assessment of relation between global and Central Europe stock market trends on the example of the Warsaw Stock Exchange

Author(s): Edward Radosiński, Tomasz Karczyński
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: stock market analysis; stock markets; econometric models; correlation and causality; relation among stock markets; ; relationship; long term trends

Summary/Abstract: The idea and results of analysis of convergence and correlation between Polish and world’s most important stock markets indexes was presented in this paper. The aim of the study is to verify the research hypothesis that assumes the existence of a significant statistical correlation between global and Central Europe long term stock markets trends. For this purpose econometric models were used. All models are based on stock quotation moving averages. Arbitrarily as the representative of Central Europe stock market the Warsaw Stock Exchange was chosen.

  • Issue Year: 2014
  • Issue No: 371
  • Page Range: 165-176
  • Page Count: 12
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