Application of discriminant analysis to the identification of factors determining the rate of return on the capital market Cover Image

Wykorzystanie analizy dyskryminacyjnej do identyfikacji czynników determinujących stopę zwrotu z inwestycji na rynku kapitałowym
Application of discriminant analysis to the identification of factors determining the rate of return on the capital market

Author(s): Jacek Batóg, Barbara Batóg
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: capital market; rate of return; discriminant analysis

Summary/Abstract: In the paper the discriminant analysis was applied in order to choose the set of economic and financial indicators determining the rate of return on the capital market in Poland. Separate analyses were conducted for the period of rises and the period of falls of stock prices for three economic sectors. The accuracies of classification according to different splits into group were compared.

  • Issue Year: 2012
  • Issue No: 242
  • Page Range: 387-395
  • Page Count: 9
  • Language: Polish