The impact of oil price towards Malaysian stock market's performance / Allora Alisa Demona Stephen

• 主要作者: Stephen, Allora Alisa Demona
• 格式: Student Project
• 語言: English
• 出版: 2017
• 主題: Stock exchanges. Insider trading in securities; Stock price indexes. Stock quotations; Oil-bearing plants. Wax plants
• 在線閱讀: https://ir.uitm.edu.my/id/eprint/74492/1/74492.pdf; https://ir.uitm.edu.my/id/eprint/74492/

This study intends to examines the effect of the oil price to the stock market performance of Malaysia from January 2005 to December 2015. The data consists of a monthly data set of 120 observations. Where this study use Ordinary Least Square (OLS) method in determine the relationship of the variables. Meanwhile, the diagnostic testing shows that there is no multicollinearity problem. However, there is existence of heteroskedasticity and serial correlation problem in multiple regression model. Apart from that, there is a consistent relationship of this study by using the theory of Efficient Market Theory and Arbitrage Pricing Theory.