Stopa zwrotu i ryzyko inwestowania w walory spółek branży metalowej notowanych na rynku podstawowym GPW
The Rate of Return and the Investment Risk in the Shares of the Companies of the Metal Industry Quoted on the GPW Stock Exchange Basic Market
Author(s): Wanda J. Pazio, Marta KrukSubject(s): Business Economy / Management, Financial Markets
Published by: Wojskowa Akademia Techniczna im. Jarosława Dąbrowskiego
Keywords: stock; rate of return; average rate of return; expected rate of return; standard deviation; Beta coefficient;
Summary/Abstract: The article includes analysis of the profitability and the investment risk in the shares of 10 companies of the metal industry quoted on the GPW stock exchange basic market in the years 2004-2016. The research was conducted in two periods of time: in the long period covering 13 years and the short time - the last 5 years. Whereas the average profitability of shares and the traditional risk measures have been determined on the basis of both the raw data and organized in the frequency distributions. In the evaluation of the systematic risk there was used the beta (β) coefficient and on its based - as well as the average rate of return – studied shares were classified on the risk map.
Journal: Systemy Logistyczne Wojsk
- Issue Year: 46/2017
- Issue No: 1
- Page Range: 179-193
- Page Count: 15
- Language: Polish
