| Author | Kulatilaka, Condagamage Vajira |
| Call Number | AIT RSPR no. IE-87-8 |
| Subject(s) | Capital stock--Thailand
|
| Note | A research study report submitted in partial fulfillment of the requirements for the degree of Master of Engineering, School of Engineering and Technology |
| Publisher | Asian Institute of Technology |
| Abstract | This paper reports on a modelling exercise undertaken for the stock
prices in the Securities Exchange of Thailand, using linear regression
analysis. The stock prices were regressed initially with macro economic
variables and in the second stage residuals obtained from first stage were
regressed on micro economic variables. The models were used to forecast
the stock prices and a comparison was made with the actual values .
It was revealed from this study that economic variables have a significant impact on the Stock prices in Thailand. The bulk of the
nondiversifiable risk is due to interest rate on savings accounts and
growth in Gross National Product. This fact was confirmed by the models
for the sectoral indices.
The models developed can be used to forecast the stock prices in the
long run with reasonable accuracy. |
| Year | 1987 |
| Type | Research Study Project Report (RSPR) |
| School | School of Engineering and Technology (SET) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Industrial Engineering (IE) |
| Chairperson(s) | Frausum, Yves G. Van
|
| Examination Committee(s) | Tang, John C.S. ;Vanchai Ariyabuddhipongs
|
| Scholarship Donor(s) | Royal Thai Government |
| Degree | Research Studies Project Report (M. Eng.) - Asian Institute of Technology, 1987 |