Download or read book Volatility Effects of the Global Oil Price on Stock Price in Nigeria written by David Oluseun Olayungbo and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This present study examines the volatility effects of the oil price on the stock price returns in Nigeria from the period of 2000M(12) to 2020M(4) on a monthly data using both standard GARCH and non-linear GARCH models. The motivation for the present study is the recent fall in the global oil price of Brent Crude to US$15.25 per barrel due to the outbreak of the Corona Virus (COVID-19). Consequentially, the Nigerian stock market (NSE) responded with a fall of 4172 point or by a fall of 15.53%. After establishing the presence of heteroscedasticity through the ARCH test and volatility clustering through the returns, the outcome of the study contributes to knowledge by providing financial information and signals to investors about the best GARCH model response to proactively and successfully use to model global oil price shocks so as to reduce financial risk in Nigeria,Äôs stock market.
Download or read book Crude Oil Prices Risk Preferences and Intertemporal Variation in Market Expected Returns written by Oghenovo A. Obrimah and published by . This book was released on 2019 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study finds crude oil prices (`oil prices') affect market or portfolio expected returns on the NSE only via inducement of changes to risk aversion parameters of the `representative agent' who has exposure to both stock market return volatility risk and oil price risk. I refer to this effect as the `risk' effect on stock returns. Independent of effects on risk aversion parameters, changes to oil prices do not have any direct, equivalently `demand' effect on market or portfolio returns. Prior studies of effects of oil prices on stock returns test for presence of the demand effect, but do not allow for possibility of inferring of the risk effect. Given the empirical framework in this study embeds the demand effect as a special case, empirical findings provide a basis for reexamination of importance and/or robustness of the demand effect. As developed, the intertemporal framework enables inferences as to the extent to which arbitrage pricing factors, e.g. crude oil prices can be characterized to derive relevance for asset pricing from interactions with preferences of agents within stock markets.
Download or read book The Nigerian Stock Market and Oil Price written by T. O. Asaolu and published by . This book was released on 2012 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Nigerian Stock Market and Oil Price written by T. O. Asaolu and published by . This book was released on 2012 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Broad Treet written by Adewale 755863 and published by Lulu.com. This book was released on 2007-07-01 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regarded as the last frontier for the global investor, Africa represents the investment goldmine of the future with its abundance of natural and human resources. Nowhere else on the continent are innovative political and economic reform jump-starting the forthcoming economic revolution like the oil-rich nation of Nigeria, where the local stock market is creating wealth for millions of investors. Using a hands-own approach, Broad $treet shows independent investors all over the world how to participate in the enormous opportunity the Nigerian stock market offers in the 21st century. Covering important topics such as the Nigerian economy, how to identify winning companies, selecting a broker, managing risk, sourcing funds to invest and more; Broad $treet is the practical guide offering the answers you need to invest and make money in Africa's largest economy.
Download or read book The Stock Market in written by Nigerian Stock Exchange and published by . This book was released on 2005 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Linear and Non Linear Financial Econometrics written by Mehmet Terzioğlu and published by BoD – Books on Demand. This book was released on 2021-03-17 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of experimental economics and econometric methods increases with each passing day as data quality and software performance develops. New econometric models are developed by diverging from earlier cliché econometric models with the emergence of specialized fields of study. This book, which is expected to be an extensive and useful reference by bringing together some of the latest developments in the field of econometrics, also contains quantitative examples and problem sets. We thank all the authors who contributed to this book with their studies that provide extensive and accessible explanations of the existing econometric methods.
Download or read book Economic Report written by and published by . This book was released on 2009 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding the Nigerian Stock Market written by Dennis O. Odife and published by . This book was released on 1984 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sets out in simple form the workings of the capital, market and the brokerage industry. The first part is devoted to a descriptive analysis of the corporate structure and types of financial instruments, equity and debt securities, and so on. In the second part of the book the author managed to receive something of the intellectual approach to his subject, reminiscent of his days as a university lecturer, but amply demonstrates his total understanding of workings of the marketplace.
Download or read book Institutional Traditional and Asset Pricing Characteristics of the Nigerian Stock Exchange written by Eno L. Inanga and published by . This book was released on 1997 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nigeria and OPEC written by G. O. Nwankwo and published by . This book was released on 1983 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Introduction to Wavelets and Other Filtering Methods in Finance and Economics written by Ramazan Gençay and published by Elsevier. This book was released on 2001-10-12 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Introduction to Wavelets and Other Filtering Methods in Finance and Economics presents a unified view of filtering techniques with a special focus on wavelet analysis in finance and economics. It emphasizes the methods and explanations of the theory that underlies them. It also concentrates on exactly what wavelet analysis (and filtering methods in general) can reveal about a time series. It offers testing issues which can be performed with wavelets in conjunction with the multi-resolution analysis. The descriptive focus of the book avoids proofs and provides easy access to a wide spectrum of parametric and nonparametric filtering methods. Examples and empirical applications will show readers the capabilities, advantages, and disadvantages of each method. The first book to present a unified view of filtering techniques Concentrates on exactly what wavelets analysis and filtering methods in general can reveal about a time series Provides easy access to a wide spectrum of parametric and non-parametric filtering methods
Download or read book Empirical Studies of Nigeria s Foreign Exchange Parallel Market I written by Melvin D. Ayogu and published by . This book was released on 1995 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oil Price Shocks Exchange Rate Dynamics and Stock Market Behaviour written by Hassan Hassan Suleiman and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oil Price Uncertainty written by Apostolos Serletis and published by World Scientific Publishing Company Incorporated. This book was released on 2012 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between the price of oil and the level of economic activity is a fundamental issue in macroeconomics. There is an ongoing debate in the literature about whether positive oil price shocks cause recessions in the United States (and other oil-importing countries), and although there exists a vast empirical literature that investigates the effects of oil price shocks, there are relatively few studies that investigate the direct effects of uncertainty about oil prices on the real economy. The book uses recent advances in macroeconomics and financial economics to investigate the effects of oil price shocks and uncertainty about the price of oil on the level of economic activity.
Download or read book Nigeria written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-10-24 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Technical Note focuses on strengthening of monetary and liquidity management in Nigeria. The Central Bank of Nigeria (CBN) has robust institutional framework in place to design and implement monetary policy. The CBN has also sufficient instruments for short-term liquidity management. The Monetary Policy Rate (MPR) corridor serves as a signaling device for the monetary policy stance. Although use of the overnight facilities is at the banks’ discretion, the CBN is able to use repo operations and outright transactions to manage day-to-day liquidity and guide short-term interest rates toward the MPR.
Download or read book Monthly Report written by Central Bank of Nigeria and published by . This book was released on 1991 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt:
