MICRO AND MACROECONOMIC DETERMINANTS OF OIL STOCK PRICES ON ROMANIAN CAPITAL MARKET
Anamaria Ciobanu, Sorina Bratu
Abstract
Anamaria Ciobanu, Sorina Bratu
Abstract
The purpose of the present study was to investigate whether the main fundamental and macroeconomic factors can explain oil stock performance on Romanian market for the period of March 2001 to March 2007. This paper focuses on the main economic factors that could affect stock price movement and can contribute in predicting future stock values. Generally, the results are consistent with the belief that changes in companies’ fundamentals and macroeconomic aggregates are likely to affect stock prices.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
The purpose of the present study was to investigate whether the main fundamental and macroeconomic factors can explain oil stock performance on Romanian market for the period of March 2001 to March 2007. This paper focuses on the main economic factors that could affect stock price movement and can contribute in predicting future stock values. Generally, the results are consistent with the belief that changes in companies’ fundamentals and macroeconomic aggregates are likely to affect stock prices.
Key concepts: Economics, Stock market, Stock (firearms), Stock market bubble, Monetary economics, Romanian, Oil price, Restricted stock