CFP last date
20 December 2024
Call for Paper
January Edition
IJCA solicits high quality original research papers for the upcoming January edition of the journal. The last date of research paper submission is 20 December 2024

Submit your paper
Know more
The week's pick
Responsive image
Improved Shuffled Frog Leaping Algorithm with Self-Adaptive Shuffling for Fuzzy Logic PD+G Controller Optimization in Robotic Manipulators

Duc Hoang Nguyen
Random Articles
Reseach Article

Market-based Stock Pricing Model

Published on April 2018 by Alex Tham, William Lau
journal_cover_thumbnail

International Conference on Recent Developments in Science, Technology, Humanities and Management
Foundation of Computer Science USA
ICRDSTHM2017 - Number 2
April 2018
Authors: Alex Tham, William Lau
1c018ca1-5078-4dd8-af65-a4277f2f7e16

Alex Tham, William Lau . Market-based Stock Pricing Model. International Conference on Recent Developments in Science, Technology, Humanities and Management. ICRDSTHM2017, 2 (April 2018), 41-44.

@article{
author = { Alex Tham, William Lau },
title = { Market-based Stock Pricing Model },
journal = { International Conference on Recent Developments in Science, Technology, Humanities and Management },
issue_date = { April 2018 },
volume = { ICRDSTHM2017 },
number = { 2 },
month = { April },
year = { 2018 },
issn = 0975-8887,
pages = { 41-44 },
numpages = 4,
url = { /proceedings/icrdsthm2017/number2/29320-7026/ },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Proceeding Article
%1 International Conference on Recent Developments in Science, Technology, Humanities and Management
%A Alex Tham
%A William Lau
%T Market-based Stock Pricing Model
%J International Conference on Recent Developments in Science, Technology, Humanities and Management
%@ 0975-8887
%V ICRDSTHM2017
%N 2
%P 41-44
%D 2018
%I International Journal of Computer Applications
Abstract

This paper has searched for an appropriate regression model to compare and predict the stock prices of three petroleum-related business enterprise listed in Hong Kong Stock Exchange Market but based in China, which are Sinopec Corp. (386), PetroChina Company Limited (857), CNOOC Limited (883). By figuring out the relevant independent factors such as Hang Seng Index, H-Share Index, etc. , this paper formed a relevant regression model to evaluate the current price and to forecast the future price of these stocks.

References
  1. Amir D. Aczel, 1999. Complete Business Statistics. (McGraw-Hill)
  2. D. A. Kuehn, 1969. Stock Market Valuation and Acquisitions: An Empirical Test of One Component of Managerial Utility, The Journal of Industrial Economics 17, 132-144.
  3. Gary I. Wakoff, 1973. On Shareholders' Indifference to the Proceeds Price in Preemptive Rights Offerings, The Journal of Financial and Quantitative Analysis 8, 835-836.
  4. Haim Ben-Shahar and Abraham Aseher, 1967. The Integration of Capital Budgeting and Stock Valuation: Comment, The American Economic Review 57, 209-214.
  5. Henry M. K. Mok and Sandy S. M. Chau, 2003. Corporate Performance of Mixed Enterprises, Journal of Business Finance & Accounting 30, 513-537.
  6. K. V. Ramanathan and Alfred Rappaport, 1971. Size, Growth Rates, and Merger Valuation, The Accounting Review 46, 733-745.
  7. Linda Elizabeth DeAngelo, 1990. Equity Valuation and Corporate Control, The Accounting Review 65, 93-112.
  8. Marvin May,1971. An Investment Opportunities Stock Valuation Model Based on Growth Patterns of Equity, The Journal of Finance 26, 993-994.
  9. Richard O. Michaud and Paul L. Davis, 1982. Valuation Model Bias and the Scale Structure of Dividend Discount Returns, The Journal of Finance 37, 563-573.
  10. Uri Ben-Zion, 1973. Measures of Risk in the Stock Market and the Valuation of Corporate Stock, The Journal of Finance 28, 1043-1044.
  11. W. Michael Keenan, 1968. Toward a Positive Theory of Equity Valuation, The Journal of Finance 23, 197-198.
  12. Zvi Bodie and Robert C. Merton, 2000. Finance, Prentice Hall.
Index Terms

Computer Science
Information Sciences

Keywords

Ddm Crude Oil Reliability Statistical Tests.