Stock price behavior in the NSE- a test of the predictability and seasonality of stock prices movements

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dc.contributor.authorMURIITHI, JEAN MUTHONI
dc.date.accessioned2017-03-01T09:09:59Z
dc.date.available2017-03-01T09:09:59Z
dc.date.issued2015
dc.description.abstractThis study incorporates a_ predictive regression approach and a centered moving average analysis to test the predictability and seasonality respectively of the stocks on the Nairobi Securities Exchange (NSE) 20 Share Index. The findings reveal that most of the stock prices do not exhibit seasonality with the exception of a few such as Kenya Power, Centum, Bamburi which exhibit repetitive cycles. The t-test of significance portrays the shortcomings of the past stock prices in predicting future stock prices with Sasini showing the closest element of predictability (t-test value of 0.000290608) which is still very low.en_US
dc.identifier.urihttp://hdl.handle.net/11071/5064
dc.language.isoenen_US
dc.publisherStrathmore Universityen_US
dc.titleStock price behavior in the NSE- a test of the predictability and seasonality of stock prices movementsen_US
dc.typeLearning Objecten_US
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