A financial econometric analysis of E-Commerce stock price predictability / Kok-Boon Oh and Sardar M. N. Islam
The predictability of stock price changes has been a contentious issue in finance for a long period of time. Using the Australian e-commerce financial data for determining the equity value of e-commerce firms, this paper provides an empirical analysis of the issue of predictability of stock prices....
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| Format: | Article |
| Language: | English |
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Research Management Institute (RMI)
2012
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| Online Access: | https://ir.uitm.edu.my/id/eprint/10345/ |
| _version_ | 1848802935445651456 |
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| author | Kok-Boon, Oh M N Islam, Sardar |
| author_facet | Kok-Boon, Oh M N Islam, Sardar |
| author_sort | Kok-Boon, Oh |
| building | UiTM Institutional Repository |
| collection | Online Access |
| description | The predictability of stock price changes has been a contentious issue in finance for a long period of time.
Using the Australian e-commerce financial data for determining the equity value of e-commerce firms, this paper provides an empirical analysis of the issue of predictability of stock prices. The factors contributing to the predictability of equity prices in the e-commerce markets are identified, analyzed and the issues and implications are discussed and explained. This paper presents new approaches to econometric specification, estimation and testing in relation to e-commerce stock predictability including stationarity tests, co-integration modeling and analyses. The policy implications of the empirical findings are stated. The empirical findings of the Australian study are extrapolated and inferences are made for other countries. |
| first_indexed | 2025-11-14T21:31:15Z |
| format | Article |
| id | uitm-10345 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T21:31:15Z |
| publishDate | 2012 |
| publisher | Research Management Institute (RMI) |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-103452023-04-10T07:47:50Z https://ir.uitm.edu.my/id/eprint/10345/ A financial econometric analysis of E-Commerce stock price predictability / Kok-Boon Oh and Sardar M. N. Islam smrj Kok-Boon, Oh M N Islam, Sardar Periodicals. Societies. Serials Financial management. Business finance. Corporation finance Investment, capital formation, speculation The predictability of stock price changes has been a contentious issue in finance for a long period of time. Using the Australian e-commerce financial data for determining the equity value of e-commerce firms, this paper provides an empirical analysis of the issue of predictability of stock prices. The factors contributing to the predictability of equity prices in the e-commerce markets are identified, analyzed and the issues and implications are discussed and explained. This paper presents new approaches to econometric specification, estimation and testing in relation to e-commerce stock predictability including stationarity tests, co-integration modeling and analyses. The policy implications of the empirical findings are stated. The empirical findings of the Australian study are extrapolated and inferences are made for other countries. Research Management Institute (RMI) 2012 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/10345/2/10345.pdf Kok-Boon, Oh and M N Islam, Sardar (2012) A financial econometric analysis of E-Commerce stock price predictability / Kok-Boon Oh and Sardar M. N. Islam. (2012) Social and Management Research Journal (SMRJ) <https://ir.uitm.edu.my/view/publication/Social_and_Management_Research_Journal_=28SMRJ=29.html>, 9 (2). pp. 59-85. ISSN 1675-7017 https://smrj.uitm.edu.my/ |
| spellingShingle | Periodicals. Societies. Serials Financial management. Business finance. Corporation finance Investment, capital formation, speculation Kok-Boon, Oh M N Islam, Sardar A financial econometric analysis of E-Commerce stock price predictability / Kok-Boon Oh and Sardar M. N. Islam |
| title | A financial econometric analysis of E-Commerce stock price predictability / Kok-Boon Oh and Sardar M. N. Islam |
| title_full | A financial econometric analysis of E-Commerce stock price predictability / Kok-Boon Oh and Sardar M. N. Islam |
| title_fullStr | A financial econometric analysis of E-Commerce stock price predictability / Kok-Boon Oh and Sardar M. N. Islam |
| title_full_unstemmed | A financial econometric analysis of E-Commerce stock price predictability / Kok-Boon Oh and Sardar M. N. Islam |
| title_short | A financial econometric analysis of E-Commerce stock price predictability / Kok-Boon Oh and Sardar M. N. Islam |
| title_sort | financial econometric analysis of e-commerce stock price predictability / kok-boon oh and sardar m. n. islam |
| topic | Periodicals. Societies. Serials Financial management. Business finance. Corporation finance Investment, capital formation, speculation |
| url | https://ir.uitm.edu.my/id/eprint/10345/ https://ir.uitm.edu.my/id/eprint/10345/ |