Price clusters and stock price stability

Authors

DOI:

https://doi.org/10.5902/2236117043410

Keywords:

Price clusters, Stock price fluctuations, Stock returns fluctuations, Stock market, OTC market

Abstract

Understanding the factors affecting stock return volatility, for analysts, investors and company executives, it is critical. In this study, using a traditional approach, we identify the factors influencing volatility and how price friction is formed on stock price stability, and in particular, examining the clustering test for price increases. This study was carried out by examining the price clusters and stock price stability in the stock market and the OTC market between 2009 -2010. Econometric software was used to investigate the research variables. In this study, we tried to study stock price volatility in proportion to stock price clusters. Research findings showed; there is no significant relationship between stock price volatility and price clusters in the OTC market and the stock market.

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Author Biographies

Hamid Reza Kordlouie, Islamshahr Branch, Islamic Azad University, Tehran

Associate Professor, Department of Accounting

Mehrnoush Ebrahimi, Qeshm International Branch, Islamic Azad University, Qeshm

PhD student, Department of Accounting

Narges Mohseni Dehkolani, Qeshm International Branch, Islamic Azad University, Qeshm

PhD student, Department of Accounting

Azam Zare Jafar Kolaei, Qaemshahr Branch, Islamic Azad University, Qaemshahr

Master of Financial and Accounting Management

References

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Published

2020-04-08 — Updated on 2022-08-01

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How to Cite

Kordlouie, H. R., Ebrahimi, M., Dehkolani, N. M., & Kolaei, A. Z. J. (2022). Price clusters and stock price stability. Revista Eletrônica Em Gestão, Educação E Tecnologia Ambiental, 24, e33. https://doi.org/10.5902/2236117043410 (Original work published April 8, 2020)

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Section

ENVIRONMENTAL MANAGEMENT