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EKONOMI DAN STUDI PEMBANGUNAN

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This empirical study focuses on the stock valuation considering weak form
market efficiency. The objective is to find out whether the stock market in
Bangladesh is efficient or not by testing the weak form market efficiency.
Here, daily stock trading prices from the Dhaka Stock Exchange (DSE) were
considered during the period from 2011 till 2017. A total of 26 leading
companies were randomly selected and their intrinsic stock prices were
calculated. CAPM model is used to find out the intrinsic value. It can be
concluded that if the market price and the intrinsic value of a firm are equal,
then the market is believed to be weak form efficient as only historical
information is reflected on the stock prices. Our result shows that Dhaka
Stock Exchange is not a weak form efficient market as the market prices and
intrinsic values are not equal for the considered corporations. Arbitrage
profit may be possible to generate by our investors.

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Ketersediaan

Informasi Detail

Judul Seri

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No. Panggil

050 RIY E C=1

Penerbit

BRAC University, Bangladesh : BRAC University, Bangladesh., 2019

Deskripsi Fisik

xviii: 64 hlm, uk. 19 x 21 cm

Bahasa

English

ISBN/ISSN

2502-7115

Klasifikasi

050

Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

PERTAMA

Subjek

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Info Detail Spesifik

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Pernyataan Tanggungjawab

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Versi lain/terkait

Lampiran Berkas

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