Information Noise in the Stock Market and Profitability of the Financial Asset Cover Image

Информационен шум във фондовия пазар и доходност на финансовия актив
Information Noise in the Stock Market and Profitability of the Financial Asset

Author(s): Nikolai Stoichev
Subject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: G14; G28

Summary/Abstract: In the study is introduced the noise as a new factor of profitability and it expands the range of instruments and methods of analysis. The reporting more factors of the profitability aims at receiving more reliable evaluation of the sensibility, which suggests more reliable base for choice of corporate shares for the investment portfolio. The use of the degree to which the profitability of the corporate share is influenced by the noise impact of the stick market is a new and significant sign for selection of assets, which presents a favorable starting position for forecasting of the future income from the asset.

  • Issue Year: 2002
  • Issue No: 2
  • Page Range: 88-115
  • Page Count: 28
  • Language: Bulgarian