THE RELATIONSHIP BETWEEN HIGH OF A STOCK PRICE AND ITS RETURN UNDER DIFFERENT STOCK MARKET INDEX LEVELS IN LISTED COMPANIES

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

DASTGIR MOHSEN; KAZEMI MOHAMMAD

Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: The Financial Accounting and Auditing Researches Year:2013 | Volume:5 | Issue:17 Page(s): 131-153

Download Full-Text

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Persian Verion

View:

2,029

Download:

Cites:

Information Journal Paper

Title

THE RELATIONSHIP BETWEEN HIGH OF A STOCK PRICE AND ITS RETURN UNDER DIFFERENT STOCK MARKET INDEX LEVELS IN LISTED COMPANIES

Author(s)

DASTGIR MOHSEN | KAZEMI MOHAMMAD | Issue Writer Certificate

Keywords

52-WEEK HIGH STRATEGYQ2

MOMENTUM STRATEGYQ2

RETURNQ2

THE STOCK MARKET INDEXQ1

REGRESSIONQ2

Abstract

The aim of this study investigated the relationship between the 52 week high of a stock price and its RETURN under different stock market index levels. In addition In this study the relationship between short-term trend of more including 5-day high, 20-day high, and 60-day high are considered under different stock market index levels. For statistical sampling method systematically removed, the sample includes 22 companies accepted The Tehran Stock Exchange was selected and Evaluated. and In order to analyze the data and test the hypotheses Research of REGRESSION with the Combined data used is. The results test the hypotheses Research Shows the a stronger positive relationship between 52-week high and RETURN where the stock index is greater than the 52-week average, whereas a weaker positive relationship between 52-week high and RETURN Exists where THE STOCK MARKET INDEX is below the 52-week average. Despite the positive relationship between 52-week high and RETURN, This ratio can be used to predict future stock RETURNs.

Cites

“THE TIMING OF 52-WEEK HIGH PRICE” MOMENTUM: EVIDENCE FROM TEHRAN STOCK EXCHANGE

References

Cite

APA: Copy

DASTGIR, MOHSEN, & KAZEMI, MOHAMMAD. (2013). THE RELATIONSHIP BETWEEN HIGH OF A STOCK PRICE AND ITS RETURN UNDER DIFFERENT STOCK MARKET INDEX LEVELS IN LISTED COMPANIES. THE FINANCIAL ACCOUNTING AND AUDITING RESEARCHES, 5(17), 131-153. SID. https://sid.ir/paper/198085/en

Vancouver: Copy

DASTGIR MOHSEN, KAZEMI MOHAMMAD. THE RELATIONSHIP BETWEEN HIGH OF A STOCK PRICE AND ITS RETURN UNDER DIFFERENT STOCK MARKET INDEX LEVELS IN LISTED COMPANIES. THE FINANCIAL ACCOUNTING AND AUDITING RESEARCHES[Internet]. 2013;5(17):131-153. Available from: https://sid.ir/paper/198085/en

IEEE: Copy

MOHSEN DASTGIR, and MOHAMMAD KAZEMI, “THE RELATIONSHIP BETWEEN HIGH OF A STOCK PRICE AND ITS RETURN UNDER DIFFERENT STOCK MARKET INDEX LEVELS IN LISTED COMPANIES,” THE FINANCIAL ACCOUNTING AND AUDITING RESEARCHES, vol. 5, no. 17, pp. 131–153, 2013, [Online]. Available: https://sid.ir/paper/198085/en

Related Journal Papers