The variation of stock prices in capital market is influenced by many factors which are beyond firms, market and investors control. Many of stock market theorists believe that the fluctuation of stock prices can be predicted by market drivers and indicators.
This paper examines the effects and the relationship of "structural indicators" on stock price variation of Tehran Stock Exchange (TSE) companies with using monthly data from 2000 until 2011. We applied multiple regression method with using panel data (t and F tests) to test research hypothesis. Our research show that: there are meaningful relationship between market depth, firm size and market trend with stock price variations. Our findings are consistent with some previous studies around the world.
Piry,P . (2012). The Effects of Structural Indicators on Stock Price Behavior at Tehran an Stock Exchange (TSE) at Listed Companies. Quarterly Journal of Securities Exchange, 5(19), 27-41.
MLA
Piry,P . "The Effects of Structural Indicators on Stock Price Behavior at Tehran an Stock Exchange (TSE) at Listed Companies", Quarterly Journal of Securities Exchange, 5, 19, 2012, 27-41.
HARVARD
Piry P. (2012). 'The Effects of Structural Indicators on Stock Price Behavior at Tehran an Stock Exchange (TSE) at Listed Companies', Quarterly Journal of Securities Exchange, 5(19), pp. 27-41.
CHICAGO
P Piry, "The Effects of Structural Indicators on Stock Price Behavior at Tehran an Stock Exchange (TSE) at Listed Companies," Quarterly Journal of Securities Exchange, 5 19 (2012): 27-41,
VANCOUVER
Piry P. The Effects of Structural Indicators on Stock Price Behavior at Tehran an Stock Exchange (TSE) at Listed Companies. Quarterly Journal of Securities Exchange. 2012;5(19):27-41 (In Persian).
