Exploring the Relationship between Financial Ratios and Market Stock Returns
This paper explores the relationship between financial ratios and market stock returns of 26 Qatari listed firms from 2009 to 2015. The results of Weighted Least Square (WLS) show that earnings per share, earnings yield ratio, and dividend yield ratio have significant and positive relationship wi...
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| Format: | Article |
| Language: | English |
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Ala-Too International University
2018-05-01
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| Series: | Eurasian Journal of Business and Economics |
| Subjects: | |
| Online Access: | http://www.ejbe.org/EJBE2018Vol11No21p101MUSALLAM.pdf |
| Summary: | This paper explores the relationship between financial ratios and market stock
returns of 26 Qatari listed firms from 2009 to 2015. The results of Weighted Least
Square (WLS) show that earnings per share, earnings yield ratio, and dividend yield
ratio have significant and positive relationship with market stock returns while
market to book value ratio, return on assets, return on equity, price to earnings
ratio, dividends earnings ratio, and net profit margin have insignificant relationship
with market stock returns. The implications will be for policymakers of government
in selecting and deciding their policies. It will also be for investors and managers to
make better decisions. |
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| ISSN: | 1694-5948 1694-5972 |