The influence of financial ratios on different sectors : A Multivariate Regression of OMXS stocks to determine what financial ratios influence stock growth in different sectors most

Financial ratios are used to indicate a stocks performance. This thesis aims to clarify if there are any differences in how sectors respond to financial ratios. By doing an deductive research this thesis establishes that the most prominent financial ratios are different in the various sectors while...

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Bibliographic Details
Main Authors: Ma, San-San, Truong, Patrick
Format: Others
Language:English
Published: KTH, Matematisk statistik 2015
Online Access:http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-169905
Description
Summary:Financial ratios are used to indicate a stocks performance. This thesis aims to clarify if there are any differences in how sectors respond to financial ratios. By doing an deductive research this thesis establishes that the most prominent financial ratios are different in the various sectors while also establishing that financial ratios account only for a small part of the stock growth. The thesis also contains a qualitative study which attempts to discuss the forces behind stock growth. The results indicate that the the stock growth are mainly caused by fundamental factors, which is a notion also supported by previous research.