An Effect of Financial Indicators on Share Price of largest US companies

dc.contributor.authorPešík, Jiří
dc.contributor.authorTaušl Procházková, Petra
dc.date.accessioned2022-12-19T11:00:11Z
dc.date.available2022-12-19T11:00:11Z
dc.date.issued2022
dc.description.abstract-translatedThere is fierce competition among various approaches for a share price determination, as technical, fundamental, and behavioural analyses try to explain the stock market phenomenon. This paper aims to contribute to the fundamental analysis and compare the importance of various financial indicators for investors. It uses financial data of one hundred largest companies from the New York Stock Exchange (NYSE) and the National Association of Securities Dealers Automated Quotations (NASDAQ) and determines how significantly the financial indicators influence the price of the share, using a panel regression model as the main statistical approach. In the second part of the paper, a machine learning approach is used to cluster shares into groups using the financial indicators and is studied how much the structure of the clusters matches the sectoral structure of the companies and how miscellaneous are the companies from a financial perspective.en
dc.format7 s.cs
dc.format.mimetypeapplication/pdf
dc.identifier.citationPEŠÍK, J. TAUŠL PROCHÁZKOVÁ, P. An Effect of Financial Indicators on Share Price of largest US companies. In Knowledge on Economics and Management. Olomouc: Palacký University Olomouc, 2022. s. 123-129. ISBN: 978-80-244-6232-5cs
dc.identifier.isbn978-80-244-6232-5
dc.identifier.obd43937368
dc.identifier.urihttp://hdl.handle.net/11025/50752
dc.language.isoenen
dc.project.IDSGS-2021-017/Inovativní a udržitelné přístupy a metody v podnikání, projektech a procesechcs
dc.publisherPalacký University Olomoucen
dc.relation.ispartofseriesKnowledge on Economics and Managementen
dc.rights© Palacký University Olomoucen
dc.rights.accessopenAccessen
dc.subject.translatedfundamental analysisen
dc.subject.translatedmachine learningen
dc.subject.translatedshare priceen
dc.titleAn Effect of Financial Indicators on Share Price of largest US companiesen
dc.typekonferenční příspěvekcs
dc.typeConferenceObjecten
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen

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