• English
    • ไทย
  • English 
    • English
    • ไทย
  • Login
View Item 
  •   AU-IR Home
  • 2 Faculties
  • 2.01 Martin de Tours School of Management and Economics
  • Journal Articles
  • AU Journal of Management
  • AU Journal of Management: Vol. 3, No. 2 (2005)
  • View Item
  •   AU-IR Home
  • 2 Faculties
  • 2.01 Martin de Tours School of Management and Economics
  • Journal Articles
  • AU Journal of Management
  • AU Journal of Management: Vol. 3, No. 2 (2005)
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Browse

All of AU-IRCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsResource TypesThis CollectionBy Issue DateAuthorsTitlesSubjectsResource Types

My Account

LoginRegister

Dow Jones commponents and economic indicators : a factor analysis approach

by Kaveepong Lertwachara; Pattana Booncho, jt. auth.

Title:

Dow Jones commponents and economic indicators : a factor analysis approach

Author(s):

Kaveepong Lertwachara
Pattana Booncho, jt. auth.

Contributor(s):

Assumption University. Martin de Tours School of Management and Economics

Issued date:

2005

Publisher:

Assumption University

Citation:

AU Journal of Management 3, 2 (June-December 2005), 20-29

Abstract:

This paper explores the relationships between economic indicators and movements in the Dow components returns. There have been numerous attempts to identify these relationships: the Arbitrage Pricing Theory (APT), one of these approaches, contributes directly to the mult(factor model. The theory, introduced by Ross in 19 7 6, has been a valuable approach to analyzing security returns because the APT allows analysts to study the effects of multiple influential factors . Factor analysis is then used to analyze these factors, a group of economic indicators, and a group of security returns. Factor analysis identifies a new set of uncorrelated variables for economic indicators, and another new set of uncorrelated variables for stock returns. This study provides additional support to the idea that the returns on securities are influenced both by the market, and by economic conditions.

Description:

In English ; only abstract in English.

Subject(s):

Assumption University -- Periodicals
Economic indicators
Dow Jones industrial average

Keyword(s):

AU Journal of Management
AU Journal of Management -- 2005

Resource type:

Journal Article

Type:

Text

File type:

application/pdf

Language:

eng

Rights:

This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.

URI:

http://repository.au.edu/handle/6623004553/14119
Show full item record

View External Resources

Files in this item (EXCERPT)

Thumbnail
View
auj-management-abstract-14119.pdf ( 131.80 KB )

This item appears in the following Collection(s)

  • AU Journal of Management: Vol. 3, No. 2 (2005) [7]


Copyright © Assumption University.
All Rights Reserved.

Contact Us

The St. Gabriel's Library   
Hua Mak Campus  
Ramkhamhaeng 24, Hua Mak  
Bangkok Thailand 10240  
Tel.: (662) 3004543-62 Ext. 3402  
Fax.: (662) 7191544  
E-Mail Library : library@au.edu  


The Cathedral of Learning Library
Suvarnabhumi Campus
Bang Na-Trad Km. 26 Bangsaothong
Samuthprakarn Thailand 10540
Tel.: (662) 7232024, 7232025
Fax.: (662) 7191544
E-Mail Library : library@au.edu
 

 



Copyright © Assumption University.
All Rights Reserved.

Contact Us

The St. Gabriel's Library   
Hua Mak Campus  
Ramkhamhaeng 24, Hua Mak  
Bangkok Thailand 10240  
Tel.: (662) 3004543-62 Ext. 3402  
Fax.: (662) 7191544  
E-Mail Library : library@au.edu  


The Cathedral of Learning Library
Suvarnabhumi Campus
Bang Na-Trad Km. 26 Bangsaothong
Samuthprakarn Thailand 10540
Tel.: (662) 7232024, 7232025
Fax.: (662) 7191544
E-Mail Library : library@au.edu
 

 

‹›×