The content information of stock quotations Cover Image

Zawartość informacyjna kursów akcji
The content information of stock quotations

Author(s): Anna Kasprzak-Czelej
Subject(s): Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: content information measures; stock quotations; stock market

Summary/Abstract: Information content of stock prices can be analyzed in terms of the informational efficiency of stock market and the scope of reflecting firm-specific and private information. The type of this analysis depends on regarded kinds or classification of information and is associated with specific measures of stock prices information content. In the article, besides the above-mentioned distinction of the analysis aspects and the associated measures, the study of selected companies listed on the WSE was conducted using the autocorrelation of returns conditioned by trading volume.

  • Issue Year: 2013
  • Issue No: 63
  • Page Range: 233-244
  • Page Count: 12
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