Stock Price Anomalies in Contrast to Stock Performance Predictors – A Comprehensive Study of Cement Industry in Pakistan

Nazir, A., Alvi, J., & Rehan, M. Stock Price Anomalies in Contrast to Stock Performance Predictors–A Comprehensive Study of Cement Industry in Pakistan.

14 Pages Posted: 17 Jun 2020 Last revised: 5 Aug 2020

See all articles by Atif Nazir

Atif Nazir

​Mohammad Ali Jinnah University

Jahanzaib Alvi

​Mohammad Ali Jinnah University; IQRA University

Muhammad Rehan

Gaziosmanpasa University - Faculty of Economics and Administrative Sciences

Date Written: March 21, 2020

Abstract

This research paper has attempted to gauge the relationship amongst dependent and independent variable of firms in Pakistan. Book Value per Share, Earning per Share, Dividend per Share, Gross Domestic Product and Interest Rate are considered as influence factors on movement of Stock Price. For this research 16 organizations are viewed as, recorded in the Pakistan Stock Exchange amid the day and age 2007 to 2016. This exploration will underline on working influences and money related influences and their impact on the profit of the organizations. To gauge the relationship amongst influence and benefit of firms of Pakistan relapse demonstrate and spellbinding measurements will be utilized. Our outcomes will empower the organizations to discover the huge relationship amongst influence and profit of the firm. This study sought to investigate the impact of Book Value per Share, Earning per Share, Dividend per Share, Gross Domestic Product and Interest Rate on Stock Price movement of Pakistan‘s firm. Importantly there is positive relation between independent variable, i.e. Earning per Share, Dividend per Share & Interest Rate and dependent variable that is Stock Price

Keywords: Book Value per Share, Earning per Share, Dividend per Share, Gross Domestic Product, Interest Rate and Stock Price

JEL Classification: G30

Suggested Citation

Nazir, Atif and Alvi, Jahanzaib and Rehan, Muhammad, Stock Price Anomalies in Contrast to Stock Performance Predictors – A Comprehensive Study of Cement Industry in Pakistan (March 21, 2020). Nazir, A., Alvi, J., & Rehan, M. Stock Price Anomalies in Contrast to Stock Performance Predictors–A Comprehensive Study of Cement Industry in Pakistan., Available at SSRN: https://ssrn.com/abstract=3608283

Atif Nazir

​Mohammad Ali Jinnah University ( email )

22-E Block-6 P.E.C.H.S.
Karachi, Sindh 75400
Pakistan

Jahanzaib Alvi

​Mohammad Ali Jinnah University ( email )

22-E Block-6 P.E.C.H.S.
Karachi, Sindh 75400
Pakistan

IQRA University ( email )

Defence View
Shaheed-e-Millat Road (Ext.)
Karachi, Sindh 75500
Pakistan

Muhammad Rehan (Contact Author)

Gaziosmanpasa University - Faculty of Economics and Administrative Sciences ( email )

Tokat
Turkey

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