• citations in SCIndeks: [1]
  • citations in CrossRef:0
  • citations in Google Scholar:[]
  • visits in previous 30 days:3
  • full-text downloads in 30 days:0


article: 3 from 10  
Back back to result list
2008, vol. 5, iss. 1, pp. 19-42
Price indicators in stock markets
University of Kragujevac, Faculty of Economy, Serbia
Keywords: stock exchanges; stock prices; Dow Jones Average; stock price averages; stock price indices
There are large numbers of investors, both large and small, in all stock exchanges, who are trying to find the right solution to the alchemy of stock prices. In this way, they are trying to beat the market and make a profit through differences between selling and buying prices of items on the stock exchange. Various analytical devices are used for the purposes of better acquaintance with the current situation and, especially, for predicting future changes in stock prices. One of the basic indicators of the general situation on a given stock exchange is the achieved level of prices and price changes during an observed time period. Numerous indicators are used in such analyses, and all can be classified into two basic groups: stock exhange averages and indexes. The meaning of both is to offer reliable information to investors about (expected) price changes on stock exchanges. Exchange averages are simpler to calculate and have been highly popular in the past. However, due to the present-day methods of calculating, they tend to show more the direction than the degree of price changes on stock exchanges. Price averages are more common in expert analyses, since they provide a clearer picture of the degree of stock exchange price variations. The basic shortcoming of both methods is that they provide investors with ex post facto data, without providing the most important information: what is happening with individual prices of certain stock exchange items.
*** (1994) Index. Wall Street Journal, April 4
*** (1994) Stock prices. Wall Street Journal, 31. mart
Arditti, F.D. (1996) Derivates. Boston, MA, itd: Harvard Business School Press
Brealey, R.A., Myers, S.C. (1981) Principles of corporate finance. New York, itd: McGraw-Hill
Burton, M.G. (1999) A random walk down Wall street. New York, itd: W.W. Norton & Company
Dabić, S.Đ. (1990) Hartije od vrednosti i njihovo tržište. Beograd: Naučna knjiga
Dalton, J.M. (1988) How the stock market works. New York: New York Institute of Finance
Eng, F.W. (1988) Technical analysis of stocks. Chicago: Probus Pub
Finnerty, J.D. (1986) Corporate financial analysis. New York, itd: McGraw-Hill
Garfield, D.A. (1996) New methods for profit in the stock market. Boston, MA: Metcalf Press
Haugen, R.A. (1990) Modern investment theory. Englewood Cliffs, NJ, itd: Prentice Hall
Hubbard, G.R. (1990) Corporate finance and investment. Chicago, itd: University of Chicago Press
Jiler, W. (1961) How charts can help you in the stock market. New York: Commodity Research Publications
Jovanović, P.P. (1995) Akcije. Beograd: Beogradska berza
Jovanović, P.P. (1995) Pokazatelji na tržištima akcija. Beograd: Beogradska berza
Levich, R.M. (1998) International financial markets. New York, itd: McGraw-Hill
Mindell, J. (1948) Stock market. New York: B. C. Forbes
Mishkin, F.S. (1995) Financial markets, institutions, and money. London-New York: Harper Collins
Murphy, J.J. (1986) Technical analysis of the futures markets: A comprehensive guide to trading methods and applications. New York: Institute of Finance
Richard, J.T., Bradley, S.E., Teweles, T. (1998) Stock market. New York: John Willey & Sons, Inc
Teweles, J.R., ur. (1992) Stock market. New York: John Willey & Sons, Inc, 6th Edition
Thomas, W.A. (1989) Securities market. New York: Philip Alan


article language: Serbian
document type: Original Paper
published in SCIndeks: 25/01/2009

Related records

No related records