ABSTRACT: Since Oman is experiencing a fall in the crude oil prices leading to the decline in share prices, there is a fear of an economic slowdown. Oman being heavily dependent on oil to fund its national budget, it may experience a crisis due to this situation. Capital Market Authority is the regulator or the governmental body which is responsible for governing the trading of securities in the Sultanate. Muscat Securities Market is the exchange where all the listed securities are traded. The Central Bank of Oman is in charge of keeping up the internal and external worth of the national money. It is also the single coordinated controller of Oman's finance related services industry. In this report we examine the equity shares price behaviour of six banks of Oman. These banks are listed in the MSM. A clear comparison between these will help to forecast their future prices. This will benefit the shareholders in understanding and also to make decisions regarding which bank to invest in to get maximum returns. Keywords: Stock Market, Behaviour of Equity Share Prices, Conventional and Islamic Banks.
A project report on technical analysis at cement sector in share khanBabasab Patil
This document provides an overview of the stock market and technical analysis. It discusses key aspects of the industry such as the purpose of stock markets in allowing companies to raise capital and investors to trade shares. It also describes common activities like short selling, margin buying, and different investment strategies. Technical analysis is defined as studying past price movements to predict future trends, as opposed to fundamental analysis which examines financial statements and company performance. The document concludes with a brief company profile of Sharekhan, a retail broking firm in India.
A project report on fundamental analysis of mahindra&mahindra companyBabasab Patil
- Mahindra & Mahindra (M&M) is an Indian automotive and farm equipment manufacturer and the flagship company of the Mahindra Group.
- M&M has a significant presence in key sectors of the Indian economy and is one of the most respected companies in India.
- The document provides an executive summary and theoretical background on fundamental analysis and discusses strengths and weaknesses of this valuation approach before discussing investment valuation.
fundamental and technical analysis of banking sector in indiaKarthik Ezil
The document provides an overview of the banking industry in India. It discusses the structure of the banking industry, including the roles of the Reserve Bank of India and other public and private sector banks. It also covers topics like the history and development of banking in India, types of banks, fundamental and technical analysis approaches used in the industry, and recent trends and initiatives regarding the Indian banking sector.
Summer training project report on fluctuation of indian stock marketshailehpalrecha
This document is a summer training project report submitted by Rahul Jajoo to the Rajasthan Technical University. The report studies the fluctuations of the Indian stock market over the past two years under the supervision of Prabath Financial Services Limited. The objective is to understand the factors affecting stock prices and market trends to help investors make informed decisions. The report includes research methodology, analysis of market fluctuations, and conclusions about how this impacts the Indian economy.
Stock return and volatility evidence from indian stock marketROHITH U J
The risk appetite of investors governs their investment in financial instruments. Persons who are minimum risk takers with return generally park their money in secure instruments but people with a higher risk appetite generally invest in a stock market financial instrument to achieve their financial goal. Investors with a higher risk appetite have to measure the market performance in the basis of risk and return so that they can alter their portfolio to keep pace with current market movement. In this research intended to study risk in terms of standard deviation and beta of all sectoral indices of NSE with respect to nifty and their performance in different time horizon and ranked them accordingly in terms of mean return and found out the best performing sector in a given time frame
Factors influencing the crash in the share market in dhaka stock exchangeAlexander Decker
This document discusses factors influencing the crash of the share market in the Dhaka Stock Exchange. It conducted a study interviewing 150 respondents to test 11 hypotheses related to investor behavior and factors contributing to the market crash. Most hypotheses were accepted, including that investors sought insider information and entered the market for high profits. Two hypotheses were rejected: that investors carefully calculated assets and invested at the right time. The literature review discusses capital market volatility, emerging markets, and the history of the Dhaka Stock Exchange.
Technical analysis of equity shares project reportBabasab Patil
The document discusses technical analysis of equity shares conducted by IL & FS Investsmart Securities Ltd. It analyzes equity shares of Infosys, Wipro, HDFC Bank, and ICICI Bank using technical indicators like simple moving average, relative strength index, and rate of change. The analysis found declining trends and sell signals for the shares. It recommends investors sell shares of the mentioned companies based on the technical analysis findings.
Fundamental and technical analysis @ kotak mahindra mba project reportBabasab Patil
This document discusses fundamental and technical analysis for investing in stocks. It provides background on the Indian stock market, including key indices like SENSEX and NIFTY. Fundamental analysis examines real data like financial conditions and management of companies to evaluate stock value, while technical analysis examines past price movements to predict future prices. The document analyzes stocks from BHEL and L&T using both fundamental and technical analysis to predict future prices and make investment recommendations. It also discusses factors that influence stock prices like the economy, industry conditions, and individual company performance.
A project report on technical analysis at cement sector in share khanBabasab Patil
This document provides an overview of the stock market and technical analysis. It discusses key aspects of the industry such as the purpose of stock markets in allowing companies to raise capital and investors to trade shares. It also describes common activities like short selling, margin buying, and different investment strategies. Technical analysis is defined as studying past price movements to predict future trends, as opposed to fundamental analysis which examines financial statements and company performance. The document concludes with a brief company profile of Sharekhan, a retail broking firm in India.
A project report on fundamental analysis of mahindra&mahindra companyBabasab Patil
- Mahindra & Mahindra (M&M) is an Indian automotive and farm equipment manufacturer and the flagship company of the Mahindra Group.
- M&M has a significant presence in key sectors of the Indian economy and is one of the most respected companies in India.
- The document provides an executive summary and theoretical background on fundamental analysis and discusses strengths and weaknesses of this valuation approach before discussing investment valuation.
fundamental and technical analysis of banking sector in indiaKarthik Ezil
The document provides an overview of the banking industry in India. It discusses the structure of the banking industry, including the roles of the Reserve Bank of India and other public and private sector banks. It also covers topics like the history and development of banking in India, types of banks, fundamental and technical analysis approaches used in the industry, and recent trends and initiatives regarding the Indian banking sector.
Summer training project report on fluctuation of indian stock marketshailehpalrecha
This document is a summer training project report submitted by Rahul Jajoo to the Rajasthan Technical University. The report studies the fluctuations of the Indian stock market over the past two years under the supervision of Prabath Financial Services Limited. The objective is to understand the factors affecting stock prices and market trends to help investors make informed decisions. The report includes research methodology, analysis of market fluctuations, and conclusions about how this impacts the Indian economy.
Stock return and volatility evidence from indian stock marketROHITH U J
The risk appetite of investors governs their investment in financial instruments. Persons who are minimum risk takers with return generally park their money in secure instruments but people with a higher risk appetite generally invest in a stock market financial instrument to achieve their financial goal. Investors with a higher risk appetite have to measure the market performance in the basis of risk and return so that they can alter their portfolio to keep pace with current market movement. In this research intended to study risk in terms of standard deviation and beta of all sectoral indices of NSE with respect to nifty and their performance in different time horizon and ranked them accordingly in terms of mean return and found out the best performing sector in a given time frame
Factors influencing the crash in the share market in dhaka stock exchangeAlexander Decker
This document discusses factors influencing the crash of the share market in the Dhaka Stock Exchange. It conducted a study interviewing 150 respondents to test 11 hypotheses related to investor behavior and factors contributing to the market crash. Most hypotheses were accepted, including that investors sought insider information and entered the market for high profits. Two hypotheses were rejected: that investors carefully calculated assets and invested at the right time. The literature review discusses capital market volatility, emerging markets, and the history of the Dhaka Stock Exchange.
Technical analysis of equity shares project reportBabasab Patil
The document discusses technical analysis of equity shares conducted by IL & FS Investsmart Securities Ltd. It analyzes equity shares of Infosys, Wipro, HDFC Bank, and ICICI Bank using technical indicators like simple moving average, relative strength index, and rate of change. The analysis found declining trends and sell signals for the shares. It recommends investors sell shares of the mentioned companies based on the technical analysis findings.
Fundamental and technical analysis @ kotak mahindra mba project reportBabasab Patil
This document discusses fundamental and technical analysis for investing in stocks. It provides background on the Indian stock market, including key indices like SENSEX and NIFTY. Fundamental analysis examines real data like financial conditions and management of companies to evaluate stock value, while technical analysis examines past price movements to predict future prices. The document analyzes stocks from BHEL and L&T using both fundamental and technical analysis to predict future prices and make investment recommendations. It also discusses factors that influence stock prices like the economy, industry conditions, and individual company performance.
A study of technical analysis in different sector stocksProjects Kart
A study of technical analysis in different sectors stocks. This study helps us understand the difference between fundamental study and technical study of different sector's stocks. Fundamental analysis is one of the important techniques, which is used to study the future behavior of the stocks. It actually refers to analyses of present and future earning capacity of the stocks based on the analysis of economy, industry and company as a whole there by to determine the intrinsic values of the stocks.
In other words, fundamental analysis is mainly concerned with the determination of intrinsic value of the stocks by analyzing the fundamental factors of economy, industry and company as a whole. The intrinsic value of the stocks represents the real worth or economic value, which is used by the fundamental analysts to identify the under priced and overpriced securities in the market. It means, if the intrinsic value of the stock is more than the market value, it considered as under priced and included in the portfolio. On the other hand, if the intrinsic value of a stock is less then the market value then it is considered as overpriced and excluded from the portfolio.
Thus, fundamental analysis is mainly concerned with the determination of intrinsic value of stocks and based on that intrinsic value investment decisions are taken by the fundamental analysts.
It is another important technique, which is used to predict the future performance of the stocks. It is mainly concerned with the study of historical price movements of the stocks and on its volume of trade in the market to predict the future trend movements of the stocks. However, it does not consider any fundamental factors of the company like earnings, dividends, growth rates etc.
This document provides an introduction and overview of a project report on the fundamental analysis of the banking industry in India, with special reference to public sector banks. The report analyzes macroeconomic factors, assesses the performance of the banking industry, and uses financial analysis tools to evaluate and select high-performing banking companies over a five-year period from 2009-2013. The analysis focuses on metrics like net interest margin, credit-to-deposit ratio, non-performing asset ratio, earnings per share, and intrinsic value to compare company performance and make investment decisions.
The document provides an overview of important considerations for technical analysis of securities, including maintaining sufficient capital, developing a clear strategy, diversifying investments, understanding the companies and industries invested in, using indicators to identify patterns, and managing risk through stop-losses and not over-investing in any single position. It emphasizes reducing risk, having a complete plan, trading liquid stocks of profitable companies, avoiding chasing stocks and being greedy, and using contrarian thinking.
Chart analysis of various equity stocks, MBA finance projectGanesh Asokan
Primary objective: The study’s primary objective is to execute a through technical analysis on a select set of equity stocks by interpreting their price chart patterns and indicators to find out the key entry and exit points for trade to make good returns.
Recommendations :
To trade successfully, the use of technical indicators is highly recommended and mandatory to prevent losses.
Two (or) more indicators need to be used and trade should be executed on the consensus of their trend, entry and exit signals.
The recommended combo tools for technical analysis are 3 SMAs with RSI, Volume and Chaikin Money flow.
One should not completely rely on technical tools for trading, but also have a close watch on the economy, industry and the company performance and corporate actions.
Tools used:
1.Line Chart
2.Bollinger Bands
3.Chaikin Money Flow (Ch Mf)
4.Moving Average Convergence Divergence (MACD)
5.Relative Strength Index (RSI)
6.Simple Moving Average (SMA)
7.Exponential Moving Average (EMA)
8.Volume
Equity research fundamental and technical analysis and its impact on stock p...ramoo07
This document provides a project report on equity research and analysis conducted at Reliance Money. It includes an introduction to the company, objectives of the project, research methodology used, data presentation and analysis, findings, suggestions and conclusions. The report was submitted in partial fulfillment of an MBA degree and analyzes the impact of fundamental and technical analysis on stock prices. It acknowledges those who provided guidance and assistance with the project.
Fundamental Analysis of five private banks in IndiaArathypr
The document discusses a study analyzing the intrinsic value of shares of 5 banks - HDFC Bank, Federal Bank, YES Bank, Axis Bank, and ICICI Bank - using fundamental analysis. The study finds that HDFC Bank and Axis Bank shares are undervalued since their intrinsic value is higher than market price. It suggests buying these shares. For Federal Bank and YES Bank, intrinsic value is similar to market price, so it suggests holding these shares. For ICICI Bank, it suggests carefully analyzing fundamentals and news given market volatility affects its price more.
The document discusses objectives and literature related to equity research. The main objectives of equity research are to study companies, analyze financials, look at quantitative and qualitative factors to make decisions about investing and provide suggestions to stockholders. Literature discusses best practices for equity research analysts, which include identifying critical factors, creating financial forecasts, communicating stock ideas, making recommendations, and setting price targets. Research aims to provide fundamental analysis to facilitate better investment decisions.
Index Effects on Stock Prices: Evidence from India,
Bid-Ask Spreads in Emerging Markets: Evidence from
The document discusses a study on the technical analysis of the S&P CNX Nifty Index in India. It introduces the Nifty Index and the importance of studying its price movements. It outlines the objectives to compare Nifty prices from 2003-2007 and analyze short and long term moving averages. The methodology involves using secondary data from the National Stock Exchange and statistical tools like trend analysis and moving averages. The study aims to help investors better understand market trends and determine when to buy and sell securities.
This document summarizes a research article that analyzes the influence of characteristics of mutual funds on investment decisions. It begins with background on mutual funds and how they pool savings from individual investors. The study aims to understand what factors drive people's decisions to invest in mutual funds by looking specifically at how characteristics of the mutual funds themselves influence those decisions. The hypotheses are that there is a positive relationship between mutual fund characteristics and investment decisions, or there is not. The methodology uses both secondary data from literature and primary data collection to test this.
Summer Training Report on Fundamental AnalysisFellowBuddy.com
FellowBuddy.com is an innovative platform that brings students together to share notes, exam papers, study guides, project reports and presentation for upcoming exams.
We connect Students who have an understanding of course material with Students who need help.
Benefits:-
# Students can catch up on notes they missed because of an absence.
# Underachievers can find peer developed notes that break down lecture and study material in a way that they can understand
# Students can earn better grades, save time and study effectively
Our Vision & Mission – Simplifying Students Life
Our Belief – “The great breakthrough in your life comes when you realize it, that you can learn anything you need to learn; to accomplish any goal that you have set for yourself. This means there are no limits on what you can be, have or do.”
Like Us - https://www.facebook.com/FellowBuddycom
Hedge Equities Ltd is a leading financial services company in India that offers tailored financial products. It has expanded operations to the Middle East to serve the large non-resident Indian population. The project analyzes the risk-return relationship of five telecom companies in India to determine if the sector is suitable for investment. Financial ratios will be used to analyze the companies' performance and risk-return profiles. Recommendations will be provided on the best companies for investment based on the analysis.
“Technical analysis” a study on selected stocksBozo All
The document discusses technical analysis and its use in analyzing stocks. It provides an overview of technical analysis, including that it uses historical price and volume data to identify trends and patterns in order to predict future price movements. It also notes that technical analysis assumes markets are primarily psychological rather than logical. The document then discusses various technical analysis tools and methods, such as candlestick techniques and Dow theory. It concludes by noting that economists have traditionally been skeptical of technical analysis due to theories of efficient markets.
Technical and fundamental analysis on stock market Babasab Patil
The document discusses technical and fundamental analysis of securities. It provides an overview of technical analysis concepts like Dow theory, Elliot waves, and moving averages. It also discusses fundamental analysis, including economic, industry, and company analysis. Key company analysis factors mentioned include management, annual reports, ratios, and cash flow. The document outlines objectives to conduct technical and fundamental analysis of selected Indian stock market securities. It describes the research methodology as involving secondary data analysis and a sample size of 10 stocks for technical analysis and 4 for fundamental analysis.
Ventura Securities Ltd. is a stock broking firm established in 1994 in Mumbai, India. It provides a range of investment products and services including equity trading, mutual funds, commodities trading, and wealth management. The company has over 25 branches across major cities in India. Ventura aims to build long-term partnerships with clients and network partners through constant innovation and a team of well-trained professionals. It strives to anticipate clients' needs and provide resources to fulfill their financial goals.
This document discusses fundamental analysis, which examines economic, industry, and company factors to evaluate a security's intrinsic value and determine if it is under or overpriced. It describes the three phases of fundamental analysis as evaluating the macroeconomic environment, industry prospects, and a company's projected performance. The goals are to predict market movements, identify undervalued securities, and time investments correctly based on a thorough understanding of economic trends, industry drivers, and business fundamentals. Strengths of fundamental analysis include analyzing long-term trends, spotting good value, developing business acumen, understanding key value drivers, and properly categorizing stocks within their industry groups.
Project report on fundamental analysis of scrips under banking sectoraftabshaikh04
This project report analyzes scrips under the banking sector in India. It provides an overview of SHCIL, including its subsidiaries and services offered. It then discusses the fundamentals of financial analysis, tools used including ratios and technical analysis. The report outlines the problem statement, objectives, methodology used and limitations. It performs analysis of the economy, banking industry and selected public and private sector banks. Key findings are that SBI is fairly valued based on P/E, PNB is undervalued, and HDFC Bank has highest expected future growth. All banks maintained capital requirements and SBI had the highest book value. Recommendations are to buy all banks except SBI and ICICI Bank.
The document discusses security analysis of selected power sector securities listed on the Bombay Stock Exchange. It aims to conduct fundamental and technical analysis of leading power sector companies. The study selects six companies - NTPC, RELIANCE, POWERGRID, NHPC, TATAPOWER and ADANI POWER - to analyze their financial strength and future investment prospects through fundamental ratios and technical tools like bar charts and moving averages. The analysis seeks to evaluate company performance, stock movement, and risk-return to identify companies that ensure maximum return with minimum risk for investors in the power sector.
Technical analysis of stocks of Private banksRupal Rout
technical analysis of 10 new private banks which are registered in NSE and the data are collected from MAY 2017 to April 2018.
The tools are taken Moving Average,MACD,ROC,RSI and candle stick analysis.
All thanks to my guide Apeksha Sahay and Bipin Dutta,they guided me really well.
Impact of macroeconomic variables on stock returnsMuhammad Mansoor
The document discusses the impact of macroeconomic factors on stock returns. It provides background information on financial markets, primary and secondary markets, and stock market returns. It then summarizes several empirical studies that have examined the relationship between macroeconomic variables like interest rates, inflation, GDP, exchange rates, and stock market returns in countries like Pakistan, Japan, Nigeria, and others. The studies found both positive and negative relationships between different macroeconomic factors and stock returns in various markets. The document aims to contribute to this area of research by examining the impact of macroeconomic variables on stock returns in the Pakistani stock market.
This document summarizes a research article that analyzes the performance of mutual fund schemes in India. It discusses how the mutual fund industry in India grew significantly in the pre-recession period from 2006-2007 due to overall GDP growth and positive investor sentiment. However, during the recession period of 2008-2009, the industry witnessed a decline as markets fell. After the recession, the industry struggled to regain its previous growth. The document also examines the use of principal component analysis to identify relevant variables that influence mutual fund performance.
A study of technical analysis in different sector stocksProjects Kart
A study of technical analysis in different sectors stocks. This study helps us understand the difference between fundamental study and technical study of different sector's stocks. Fundamental analysis is one of the important techniques, which is used to study the future behavior of the stocks. It actually refers to analyses of present and future earning capacity of the stocks based on the analysis of economy, industry and company as a whole there by to determine the intrinsic values of the stocks.
In other words, fundamental analysis is mainly concerned with the determination of intrinsic value of the stocks by analyzing the fundamental factors of economy, industry and company as a whole. The intrinsic value of the stocks represents the real worth or economic value, which is used by the fundamental analysts to identify the under priced and overpriced securities in the market. It means, if the intrinsic value of the stock is more than the market value, it considered as under priced and included in the portfolio. On the other hand, if the intrinsic value of a stock is less then the market value then it is considered as overpriced and excluded from the portfolio.
Thus, fundamental analysis is mainly concerned with the determination of intrinsic value of stocks and based on that intrinsic value investment decisions are taken by the fundamental analysts.
It is another important technique, which is used to predict the future performance of the stocks. It is mainly concerned with the study of historical price movements of the stocks and on its volume of trade in the market to predict the future trend movements of the stocks. However, it does not consider any fundamental factors of the company like earnings, dividends, growth rates etc.
This document provides an introduction and overview of a project report on the fundamental analysis of the banking industry in India, with special reference to public sector banks. The report analyzes macroeconomic factors, assesses the performance of the banking industry, and uses financial analysis tools to evaluate and select high-performing banking companies over a five-year period from 2009-2013. The analysis focuses on metrics like net interest margin, credit-to-deposit ratio, non-performing asset ratio, earnings per share, and intrinsic value to compare company performance and make investment decisions.
The document provides an overview of important considerations for technical analysis of securities, including maintaining sufficient capital, developing a clear strategy, diversifying investments, understanding the companies and industries invested in, using indicators to identify patterns, and managing risk through stop-losses and not over-investing in any single position. It emphasizes reducing risk, having a complete plan, trading liquid stocks of profitable companies, avoiding chasing stocks and being greedy, and using contrarian thinking.
Chart analysis of various equity stocks, MBA finance projectGanesh Asokan
Primary objective: The study’s primary objective is to execute a through technical analysis on a select set of equity stocks by interpreting their price chart patterns and indicators to find out the key entry and exit points for trade to make good returns.
Recommendations :
To trade successfully, the use of technical indicators is highly recommended and mandatory to prevent losses.
Two (or) more indicators need to be used and trade should be executed on the consensus of their trend, entry and exit signals.
The recommended combo tools for technical analysis are 3 SMAs with RSI, Volume and Chaikin Money flow.
One should not completely rely on technical tools for trading, but also have a close watch on the economy, industry and the company performance and corporate actions.
Tools used:
1.Line Chart
2.Bollinger Bands
3.Chaikin Money Flow (Ch Mf)
4.Moving Average Convergence Divergence (MACD)
5.Relative Strength Index (RSI)
6.Simple Moving Average (SMA)
7.Exponential Moving Average (EMA)
8.Volume
Equity research fundamental and technical analysis and its impact on stock p...ramoo07
This document provides a project report on equity research and analysis conducted at Reliance Money. It includes an introduction to the company, objectives of the project, research methodology used, data presentation and analysis, findings, suggestions and conclusions. The report was submitted in partial fulfillment of an MBA degree and analyzes the impact of fundamental and technical analysis on stock prices. It acknowledges those who provided guidance and assistance with the project.
Fundamental Analysis of five private banks in IndiaArathypr
The document discusses a study analyzing the intrinsic value of shares of 5 banks - HDFC Bank, Federal Bank, YES Bank, Axis Bank, and ICICI Bank - using fundamental analysis. The study finds that HDFC Bank and Axis Bank shares are undervalued since their intrinsic value is higher than market price. It suggests buying these shares. For Federal Bank and YES Bank, intrinsic value is similar to market price, so it suggests holding these shares. For ICICI Bank, it suggests carefully analyzing fundamentals and news given market volatility affects its price more.
The document discusses objectives and literature related to equity research. The main objectives of equity research are to study companies, analyze financials, look at quantitative and qualitative factors to make decisions about investing and provide suggestions to stockholders. Literature discusses best practices for equity research analysts, which include identifying critical factors, creating financial forecasts, communicating stock ideas, making recommendations, and setting price targets. Research aims to provide fundamental analysis to facilitate better investment decisions.
Index Effects on Stock Prices: Evidence from India,
Bid-Ask Spreads in Emerging Markets: Evidence from
The document discusses a study on the technical analysis of the S&P CNX Nifty Index in India. It introduces the Nifty Index and the importance of studying its price movements. It outlines the objectives to compare Nifty prices from 2003-2007 and analyze short and long term moving averages. The methodology involves using secondary data from the National Stock Exchange and statistical tools like trend analysis and moving averages. The study aims to help investors better understand market trends and determine when to buy and sell securities.
This document summarizes a research article that analyzes the influence of characteristics of mutual funds on investment decisions. It begins with background on mutual funds and how they pool savings from individual investors. The study aims to understand what factors drive people's decisions to invest in mutual funds by looking specifically at how characteristics of the mutual funds themselves influence those decisions. The hypotheses are that there is a positive relationship between mutual fund characteristics and investment decisions, or there is not. The methodology uses both secondary data from literature and primary data collection to test this.
Summer Training Report on Fundamental AnalysisFellowBuddy.com
FellowBuddy.com is an innovative platform that brings students together to share notes, exam papers, study guides, project reports and presentation for upcoming exams.
We connect Students who have an understanding of course material with Students who need help.
Benefits:-
# Students can catch up on notes they missed because of an absence.
# Underachievers can find peer developed notes that break down lecture and study material in a way that they can understand
# Students can earn better grades, save time and study effectively
Our Vision & Mission – Simplifying Students Life
Our Belief – “The great breakthrough in your life comes when you realize it, that you can learn anything you need to learn; to accomplish any goal that you have set for yourself. This means there are no limits on what you can be, have or do.”
Like Us - https://www.facebook.com/FellowBuddycom
Hedge Equities Ltd is a leading financial services company in India that offers tailored financial products. It has expanded operations to the Middle East to serve the large non-resident Indian population. The project analyzes the risk-return relationship of five telecom companies in India to determine if the sector is suitable for investment. Financial ratios will be used to analyze the companies' performance and risk-return profiles. Recommendations will be provided on the best companies for investment based on the analysis.
“Technical analysis” a study on selected stocksBozo All
The document discusses technical analysis and its use in analyzing stocks. It provides an overview of technical analysis, including that it uses historical price and volume data to identify trends and patterns in order to predict future price movements. It also notes that technical analysis assumes markets are primarily psychological rather than logical. The document then discusses various technical analysis tools and methods, such as candlestick techniques and Dow theory. It concludes by noting that economists have traditionally been skeptical of technical analysis due to theories of efficient markets.
Technical and fundamental analysis on stock market Babasab Patil
The document discusses technical and fundamental analysis of securities. It provides an overview of technical analysis concepts like Dow theory, Elliot waves, and moving averages. It also discusses fundamental analysis, including economic, industry, and company analysis. Key company analysis factors mentioned include management, annual reports, ratios, and cash flow. The document outlines objectives to conduct technical and fundamental analysis of selected Indian stock market securities. It describes the research methodology as involving secondary data analysis and a sample size of 10 stocks for technical analysis and 4 for fundamental analysis.
Ventura Securities Ltd. is a stock broking firm established in 1994 in Mumbai, India. It provides a range of investment products and services including equity trading, mutual funds, commodities trading, and wealth management. The company has over 25 branches across major cities in India. Ventura aims to build long-term partnerships with clients and network partners through constant innovation and a team of well-trained professionals. It strives to anticipate clients' needs and provide resources to fulfill their financial goals.
This document discusses fundamental analysis, which examines economic, industry, and company factors to evaluate a security's intrinsic value and determine if it is under or overpriced. It describes the three phases of fundamental analysis as evaluating the macroeconomic environment, industry prospects, and a company's projected performance. The goals are to predict market movements, identify undervalued securities, and time investments correctly based on a thorough understanding of economic trends, industry drivers, and business fundamentals. Strengths of fundamental analysis include analyzing long-term trends, spotting good value, developing business acumen, understanding key value drivers, and properly categorizing stocks within their industry groups.
Project report on fundamental analysis of scrips under banking sectoraftabshaikh04
This project report analyzes scrips under the banking sector in India. It provides an overview of SHCIL, including its subsidiaries and services offered. It then discusses the fundamentals of financial analysis, tools used including ratios and technical analysis. The report outlines the problem statement, objectives, methodology used and limitations. It performs analysis of the economy, banking industry and selected public and private sector banks. Key findings are that SBI is fairly valued based on P/E, PNB is undervalued, and HDFC Bank has highest expected future growth. All banks maintained capital requirements and SBI had the highest book value. Recommendations are to buy all banks except SBI and ICICI Bank.
The document discusses security analysis of selected power sector securities listed on the Bombay Stock Exchange. It aims to conduct fundamental and technical analysis of leading power sector companies. The study selects six companies - NTPC, RELIANCE, POWERGRID, NHPC, TATAPOWER and ADANI POWER - to analyze their financial strength and future investment prospects through fundamental ratios and technical tools like bar charts and moving averages. The analysis seeks to evaluate company performance, stock movement, and risk-return to identify companies that ensure maximum return with minimum risk for investors in the power sector.
Technical analysis of stocks of Private banksRupal Rout
technical analysis of 10 new private banks which are registered in NSE and the data are collected from MAY 2017 to April 2018.
The tools are taken Moving Average,MACD,ROC,RSI and candle stick analysis.
All thanks to my guide Apeksha Sahay and Bipin Dutta,they guided me really well.
Impact of macroeconomic variables on stock returnsMuhammad Mansoor
The document discusses the impact of macroeconomic factors on stock returns. It provides background information on financial markets, primary and secondary markets, and stock market returns. It then summarizes several empirical studies that have examined the relationship between macroeconomic variables like interest rates, inflation, GDP, exchange rates, and stock market returns in countries like Pakistan, Japan, Nigeria, and others. The studies found both positive and negative relationships between different macroeconomic factors and stock returns in various markets. The document aims to contribute to this area of research by examining the impact of macroeconomic variables on stock returns in the Pakistani stock market.
This document summarizes a research article that analyzes the performance of mutual fund schemes in India. It discusses how the mutual fund industry in India grew significantly in the pre-recession period from 2006-2007 due to overall GDP growth and positive investor sentiment. However, during the recession period of 2008-2009, the industry witnessed a decline as markets fell. After the recession, the industry struggled to regain its previous growth. The document also examines the use of principal component analysis to identify relevant variables that influence mutual fund performance.
A Study of Behavioural Factors Affecting Individual Investment Decisionsijtsrd
Although finance has been studied for thousands of years, behavioral finance which considers the human behaviour in finance is a pretty new area. Behavioral finance theories, which might be based totally at the psychology, try to apprehend how feelings and cognitive mistakes impact man or woman traders' behaviour buyers referred to on this look at are referred to person traders .The primary goal of this have a look at is exploring the behavioral factors influencing person buyers' selections on the NSE and BSE Stock Exchange. Furthermore, the members of the family among these elements and funding overall performance also are tested. The have a look at begins with the present theories in behavioral finance, based totally on which, hypotheses are proposed. Then, those hypotheses are examined via the questionnaires dispensed to individual buyers on the Broking Firms, college students and professionals. The data collected from the Stock Broking firms, Students, Professionals through structured questionnaire were examined and data collected were analyzed using Cronbachs Alpha Reliability Test, based totally on which, hypotheses are proposed. The result indicates that there are 5 behavioral elements affecting the funding selections of person investors at the NSE and BSE Stock Exchange Herding, Market, Prospect, Overconfidence gamble's fallacy, and Anchoring ability bias. Most of these elements have mild impacts whereas Market element has high affect. This test also tries to discover the correlation among these behavioral factors and investment overall performance. Among the behavioral factors referred to above, best 3 elements are located to influence the Investment Performance Herding inclusive of shopping for and promoting choice of trading shares extent of buying and selling stocks velocity of herding , Prospect such as loss aversion, remorse aversion, and mental accounting , and Heuristic inclusive of overconfidence and gamble's fallacy . The heuristic behaviors are determined to have the highest advantageous impact at the investment overall performance while the herding behaviors are stated to persuade undoubtedly the investment overall performance on the lower degree. In assessment, the possibility behaviors provide the negative impact on the funding overall performance. Pawankumar S Hallale | Manjiri Gadekar "A Study of Behavioural Factors Affecting Individual Investment Decisions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd28100.pdf Paper URL: https://www.ijtsrd.com/management/business-economics/28100/a-study-of-behavioural-factors-affecting-individual-investment-decisions/pawankumar-s-hallale
This document is a dissertation report submitted to Uttarakhand Technical University by Gaurav Pandey on the topic of "Study of Derivatives Market in India". The report includes an introduction to the financial services industry and derivatives markets. It discusses the objectives of studying derivatives to analyze futures and options operations and understand how derivatives can help manage risks. The report will analyze profits and losses in cash and derivatives markets and the role of derivatives in the Indian financial market.
Forecasting Stocks with Multivariate Time Series Models.inventionjournals
This work seeks to forecast stocks of the Nigerian banking sector using probability multivariate time series models. The study involved the stocks from six different banks that were found to be analytically interrelated. Stationarity of the six series were obtained by differencing. Model selection criteria were employed and the best fitted model was selected to be a vector autoregressive model of order 1. The model was subjected to diagnostic checks and was found to be adequate. Consequently, forecasts of stocks were generated for the next two years.
Determinants of equity share prices of the listed company in dhaka stock exch...MD. Walid Hossain
This is the finance academic project report.This report prepare by MD. WALID HOSSAIN, Patuakhali science and technology University, Faculty of business administration and management. i think that is helpful for business studies students.
Determinants of Share Prices of listed Commercial Banks in Pakistaniosrjce
The focus of this paper is to identify the determinants of share prices for the listed commercial banks
in Karachi stock exchange over the period 2007-2013. One of the unique features of this paper is to find out the
impact of both internal and external factors on share price. Linear multiple regression analysis is used to
determine whether the selected independent variables have influence on share prices or not. The results indicate
that earning per share has more influence on share prices and it has positive and significant relationship with
share prices, book to market value ratio and interest rate have also significant but negative relation with share
prices while other variables (gross domestic product, price earnings ratio, dividend per share, leverage) have
no relationship with share prices
Investor behavior in the stock market – Rational and Irrational perspectivesRohit Bedi
This research involves the study of buying and selling behavior of the Indian investor from both rational and irrational perspectives. The research involves collection of primary data through a questionnaire. The questionnaire has general questions related to investors’ preferences regarding their investment decisions and questions related to the influence groups which affect their investment behavior.
Analysis of Fundamental Factors, Foreign Exchange and Interest Rate on Stock ...inventionjournals
ABSTRACT: This study purpose was to determine the effect of fundamental factors (Long-Term Debt to Equity Ratio, Quick Ratio, Total Assets Turn Over, Return on Equity, Price Earning Ratio) and macroeconomic factors (foreign exchange and interest rate) on stock return at manufacturing companies listed in Indonesia Stock Exchange for 2011-2013 periods. This study uses secondary data. Samples are 13 manufacturing companies listed in Indonesia Stock Exchange. This study results by F test shows that Long-Term Debt to Equity Ratio, Quick Ratio, Total Assets Turn Over, and Return on Equity, Price Earning Ratio, Foreign Exchange and Interest Rates has significant effect on stock returns. T test results show that Long-Term Debt to Equity Ratio, Quick Ratio, and Price Earning Ratio do not have significant effect on stock returns. While Total Asset Turn Over, Return on Equity, Foreign Exchange and Interest Rates have significant effect on stock returns.
This document summarizes a study on investors' perceptions of mutual funds. It discusses how mutual funds pool investor money and invest in securities to generate profits or losses distributed to investors proportionally. The study aims to analyze how demographic factors impact investor attitudes toward mutual funds and determine which types and distribution channels investors prefer. It also reviews past literature on mutual fund performance evaluation and discusses India's growing financial services sector and prominent mutual fund companies. The researcher seeks to identify the key parameters like liquidity and returns that shape investor perceptions of mutual funds.
This document summarizes a research paper that analyzed share price movements in the National Stock Exchange of India (NSE) from 2007 to 2012. The study used tools like moving averages, beta analysis, and correlation to examine share price volatility in different sectors. It found that share prices grew continuously over the five-year period without major peaks or declines. The analysis suggested that macroeconomic factors like GDP and inflation could impact future equity returns in the Indian stock market. The full paper provides details on the methodology, literature review, analysis tools used, and discusses how various sectors performed.
A CONCEPTUAL FRAMEWORK FOR RESEARCH ON INVESTMENT DETERMINANTS AMONG NON-INST...IAEME Publication
In modern economic world income plays a very vital role in every one’s daily life.
Investment has been one of the major concerns for the Non-institutional investors as
their today’s small savings would be meeting with the expenses of tomorrow. The risk
and returns proportion from each of these investment options varies from one to
another. Investor’s behavior plays an important role in investment decision making,
which is influenced by many a factors during the process of investment decision
making. Today, investors have many avenues of investment with different features to
cater their present and future needs. The focus of this paper (non-institutional
investors), unlike institutional investor, suffers from various sort of perception while
deploying their funds due to their low investible funds, risk taking capacity, low
investment education and their exposure to evaluate the available information. This
situation of the non-institutional investors motivates to study as these investors are the
finest source of small savings in investment set-up of the country. This paper presents
a conceptual framework for research on investment determinants among noninstitutional investors to be carried out further by the researchers.
This document summarizes a study on customer preferences for various mutual fund schemes in Thane City, India. It provides background on mutual funds and reviews previous literature on investor preferences and demographics. The study uses a questionnaire to collect data from 100 investors in Thane City and analyzes the data using chi-square tests to determine associations between investor attitudes and age, gender, income level, and education level. Key findings include that younger investors have more preference for mutual funds, males are more favorable than females, mid-income groups prefer funds most, and post-graduates are more favorable toward funds. The study aims to help mutual fund companies improve marketing and understand investor preferences.
The document discusses a study on financial derivatives, specifically futures and options. It begins with an abstract that introduces derivatives as risk management instruments that derive their value from an underlying asset. The abstract also mentions the three broad categories of participants in derivatives markets: hedgers, speculators, and arbitragers. The introduction then provides more context on the emergence of derivatives markets and how they allow participants to hedge against price uncertainties. The objectives of the study are then outlined as analyzing futures and options operations and profit/loss positions, and studying risk management with derivatives. The scope is limited to futures and options in the Indian context.
Determinants of stock price movements in nigeria evidence from monetary varia...Alexander Decker
This document summarizes a research article that examined the determinants of stock price movements in Nigeria from 1985 to 2010. The researchers used cointegration tests and regression analysis to analyze the relationship between stock prices and various macroeconomic variables, including monetary policy factors like interest rates, exchange rates, and money supply as well as inflation and political instability. The results showed no long-run relationship between the variables, but inflation was found to be a major determinant of stock price movements in Nigeria. The study recommends that monetary authorities pay attention to changes in money supply and inflation given their impact on stock prices.
Empirical Methods In Accounting And Finance.docx4934bk
This document discusses several studies on the relationship between investor sentiment and the mean-variance relationship in stock markets. It summarizes the key findings of various papers, including that investor sentiment can undermine the positive relationship between risk and return during high sentiment periods. Principal component analysis and GARCH models are used to analyze the impact of sentiment on markets. The results show sentiment has a significant effect and that the relationship varies across different markets and sentiment states.
Understanding Stock Returns as a Combination of Speculative and Fundamental G...ijtsrd
The Indian stock market returns are largely speculative in nature. Taking twenty stocks off of the Sensex, the Total return of the stock was split into the fundamentally arising returns and the speculative return. This revealed the speculative nature of the Indian Stock market. What this means is that, the good stocks with strong fundamentals may have a low total return as a result of low speculative returns, similarly fundamentally weak stocks may potentially have high speculative returns, resulting in high total returns. Thus, a bifurcation of this sort can help investors with different investment objectives, horizons and risk appetite, invest to achieve their goals. Sanishtha Bhatia | Anshika Lara | Danvi Shah | Shanav Jalan | Shreejit Sawant "Understanding Stock Returns as a Combination of Speculative and Fundamental Growth: An Emperical Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-5 , August 2020, URL: https://www.ijtsrd.com/papers/ijtsrd31742.pdf Paper Url :https://www.ijtsrd.com/economics/finance/31742/understanding-stock-returns-as-a-combination-of-speculative-and-fundamental-growth-an-emperical-study/sanishtha-bhatia
This document provides an overview of the financial services industry in India, including various subsectors like banking, insurance, mutual funds, stock exchanges, and regulatory bodies. It discusses the role of financial intermediaries in channeling funds between investors and businesses. Some key points covered include:
- The financial services industry plays an important role in promoting investment, savings, and long-term economic growth.
- Major segments include banking, insurance, and mutual funds, which together contribute around 6% to India's GDP.
- Financial intermediaries provide services like maturity transformation and risk mitigation by pooling funds from many sources.
- Important financial institutions include commercial banks, investment banks, brokerages, insurance companies, and non-bank
Factors Influencing Investment Decisions of Retail Investors- A Descriptive S...inventionjournals
Investment decisions have gained importance due to the general increase in employment opportunities and economic development of a nation. Awareness of investment avenues has led to the ability and willingness of working people to save and invest their funds for returns, in that perspective this study was conducted. The volatile behaviour of markets has challenged the hypothesis of efficient markets which motivates ones to understand the driving forces behind it. It is the major concern for academicians, investors and portfolio managers to understand the reasons causing irrationality in the markets. This paper uses the theory of behavioural finance to examine the factors influencing investment decisions of individual investors. From the extensive literature review, it was found that there is no single factor which influences the investment decisions of an individual. Moreover factors influencing investment decision varies from time to time, place to place, person to person, securities to securities etc. It was suggested that the policy makers of investment avenues must consider all the variables and its impact on the investors investment decisions while introducing any investment avenues to the market.
This summary provides the key points from the document in 3 sentences:
The document discusses a study that investigated the factors influencing the investment decisions of 270 investors in the stock market in Khulna City, Bangladesh. The results showed that examples of people attaining financial security through stock investments had the maximum influence on investors. Market factors, hedging factors, and economic factors also had greater influence on decision making. The study also found that corporate annual reports indicating financial ratios influenced investors' decisions in the stock market.
Similar to Fluctuations of Equity Share Price of the Selected Banks in Oman (20)
The effect of functionalized carbon nanotubes on thermalmechanical performanc...journal ijrtem
The new approaches for preparing nanocomposite coating by modificated carbon nanonotubes
(CNTs) and epoxy resin was done in the study. thermal-mechanical performance of nanocomposite coating was
investigated and the results were reported in this paper. The physic-chemical techniques such as Differential
scanning calorimetry (DSC) and Thermal gravimetric analysis (TGA) were used to characterize the thermal
performance of Epoxy nanocomposite coating. The test techniques for mechanical properties of paint coating as
adhesion, hardness, impact resistance and bending strength were employed in the work. The results indicated
that CNTs were dispersed in epoxy coating with only ratio of 0.1 wt% enhanced the Glass Transition
Temperature (Tg), decomposition temperature of epoxy coating and improved mechanical properties
significantly. Also functionalized CNTs can be reinforced thermal-mechanical of the epoxy coating better than
neat CNTs.
Development Issues and Problems of Selected Agency in Sorsogon, An investigat...journal ijrtem
This study investigated the development issues and problems facing selected agencies in Sorsogon Province, Philippines. Through focus group discussions, the study identified the most significant issues as being understaffing, poor communication, poor policy implementation, and lack of performance feedback mechanisms. These issues negatively impacted agencies' management and performance by leading to overworked employees, decreased productivity, and inability to properly monitor programs. To address these problems, the study recommends improving staffing levels, investing in information technology to enhance communication, and establishing stringent monitoring of agencies by oversight bodies.
Positive and negative solutions of a boundary value problem for a fractional ...journal ijrtem
: In this work, we study a boundary value problem for a fractional
q, -difference equation. By
using the monotone iterative technique and lower-upper solution method, we get the existence of positive or
negative solutions under the nonlinear term is local continuity and local monotonicity. The results show that we
can construct two iterative sequences for approximating the solutions
This document discusses organic foods and their benefits. Organic foods refer to products grown without synthetic pesticides, fertilizers, or GMOs. They are produced using methods of organic farming. Organic foods are widely believed to be more environmentally friendly and healthier than conventional foods since they avoid exposure to chemicals. While organic foods may have nutritional and environmental benefits, they also tend to be more expensive than conventional foods due to higher production costs. The document outlines some pros and cons of organic versus conventional foods.
Molecular computers are systems in which molecules or macromolecules individually mediate
information processing functions. Molecular computing provides an alternative to computing using silicon
integrated circuits. It aims at developing intelligent computers using biological molecules as computational
devices. It is a promising means of unconventional computation owing to its capability for massive parallelism.
It offers to augment digital computing with biology-like capabilities. This paper provides a brief introduction to
molecular computing.
Industry 4.0 refers to the current trend of automation and deployment of Internet technologies
in manufacturing. This includes using machine-to-machine and Internet of Things (IoT) deployments to help
manufacturers implement increased automation, improved communication and process monitoring. This trend
of Industry 4.0 (sometimes referred to as the 4th Industrial Revolution) affects most processes and people
throughout society. This paper provides a brief introduction to Industry 4.0.
With mounting concerns over the state of our planet, there is continuing demand that chemists
and chemical engineers should develop greener chemical processes and products. In the 1990s, with the
growing awareness of the hazardous impacts of the chemical industry, the green chemistry revolution was
launched by American chemists Paul T. Anastas and John Warner. Green chemistry is the kind of chemistry that
seeks to minimize pollution, conserve energy, and promote environmentally friendly production. This paper
provides a brief introduction to green chemistry
Rural Livelihood and Food Security: Insights from Srilanka Tapu of Sunsari Di...journal ijrtem
Food security is the foremost need of every human society. It is a fundamental right and
government responsibility but still food insecurity is prevalent in rural areas of least developed nations. To cope
with food insecurity, undertaking diverse income generating activities is common as well as key strategy adopted
by rural people. The objective of this study is to assess rural livelihood and food security status of a remote island
named Srilanka Tapu of Sunsari district. A random sampling technique was used to collect primary data from 40
rural household heads using semi-structured questionnaire. Descriptive methods were used for analyzing. The
findings revealed that the food security situation of the Tapu is insecure. Most basic infrastructures and social
services needed for people livelihood such as road, electricity sufficient food availability, education, healthcare,
sanitation, etc. were found to be extremely poor. Most of the households are small scale farmers involving
themselves in diverse livelihood activities which are mostly temporary, low-skilled and low paying. However,
people are fulfilling their food needs at every cost but are highly vulnerable to food insecurity. Also, their lives
security is equally vulnerable because of disastrous Koshi River flooding which occurs every year in the Tapu.
The findings therefore critically suggest that food security of remote and vulnerable human settlements should be
at top priority in policy formulation and implementation level. The study also recommends a need for an in-depth
research for making evidence based policy interventions for improvement of diversify rural livelihood along with
sustainable environment
Augmented Tourism: Definitions and Design Principlesjournal ijrtem
After designing and implementing several iterations of implantations of augmented reality(AR) in
tourism, this paper takes a deep look into design principles and implementation strategies of using AR at
destination tourism settings. The study looks to define augmented tourism from past implementations as well as
several cases uses designed and implemented for tourism. The discussion leads to formation of frameworks and
best practices for AR as well as virtual reality(VR) to be used in tourism settings. Some main affordances include
guest autonomy, customized experiences, visitor data collection and increased electronic word-of-mouth
generation for promotion purposes. Some challenges found include the need for high levels of technology
infrastructure, low adoption rates or ‘buy-in’ rates, high levels of calibration and customization, and the need for
maintenance and support services. Some suggestions are given as to how to leverage the affordances and meet
the challenges to implementing AR for tourism
A study on financial aspect of supply chain management journal ijrtem
This document presents a study on incorporating financial aspects into supply chain management. It proposes two approaches: a traditional approach that integrates physical and financial flows, and a new approach that considers additional financial indicators in decision making. The key contribution is defining these two approaches and comparing their results. Specifically, the traditional approach leads to lower change in equity compared to the new financial approach. The findings show that the new approach improves decision making by taking financial factors into account.
Existence results for fractional q-differential equations with integral and m...journal ijrtem
The document discusses a new type of fractional differential equation that combines a multi-point boundary condition and an integral boundary condition. It presents existence results for solutions to this type of equation. The paper defines relevant fractional calculus concepts and establishes Green's functions for the boundary value problem. It then applies fixed point theorems to show the existence of multiple positive solutions under certain conditions on the continuous function f in the equation. Examples are also provided to illustrate the results.
The following Project shows the benefits of a research established into a multi-products
warehouse belongs to an automotive industry supplier. The main goal was applied a tool recognizing the rules
for distribution and material storage. Once the research was completed, the benefits were, the idle times
reduction per hours/week by the two initial processes. The politics for storage assignment and location, propose
a system to improve the space into this areain order to avoid material management and flow issues. It is
important to mention, the system proposed could be applied into warehouses with storage size and space
restricted by sorting area, also different material types, production settings and physical specifications for
which set warehouses with traditional management of distribution without slack, involves lack of materials,
pieces without records, incorrect location assigned, stock error.
Study of desalination processes of seawater from the desalination plant of La...journal ijrtem
: The use of water for food purposes requires excellent physicochemical quality. To contribute to
the control of water quality. Water treated by reverse osmosis is aggressive and demineralize can not be used
directly as a source of drinking water. The objective of this work is to study, physics-chemical analyzes of raw
water, pretreated osmosis and treated (permeate) and produced water (reservoir) at the desalination plant of
seawater Laayoune (SDL), located in southern Morocco. For this, we have followed several qualitative
parameters such as pH, conductivity, turbidity.
Effect of Cash Management on The Financial Performance of Cooperative Banks i...journal ijrtem
This paper analyses the effect of cash management on the financial performance of cooperatives
banks in Rwanda. A descriptive research design was used. The population comprised of 148 employees of ZIGMA
CSS from which a sample of 108 employees was determined using Solvirn and Yemen’s formula. Data was
collected from both primary and secondary sources using questionnaires and document analysis. Data was
presented using frequency tables from which analysis was made. A multi regression analysis was used to analyse
relationship between the variables. The results from the survey revealed that ZIGMA CSS uses various cash
management techniques in the cash management. The results further revealed a strong relationship between cash
management and financial performance of ZIGMA CSS. The study concludes that cash management is a key tool
in the financial management of the banks since cash forms the biggest asset of the bank. Cooperatives banks
should ensure that they develop policies in effective cash management.
Technical expertise on the cause of engine failure of the Mitsubishi Pajero S...journal ijrtem
The article concerns the case of the damage to the Mitsubishi Pajero Sport engine and the
methodology a technical expert applied to identify a direct cause of failure. The engine failure occurred while a
vehicle was being repaired to eliminate air conditioning malfunction and engine overheating. When repairing, it
was necessary to replace a cylinder head and the pistons were checked removing the pully from a crank shaft.
After the repair had been completed and after 16-day vehicle operation, engine timing belts got damaged. To
eliminate this malfunction, damaged belts were replaced. Thirty (30) days after the vehicle had been put into
operation, emergency engine failure occurred, and a technical expert was called upon to assess the quality of the
repairs having been performed. The article describes the procedures and methodology a technical expert applied.
In the conclusion, the findings are stated. To determine the cause, a vehicle was on the car service station
premises, where a technical expert was present and according to his instructions, diagnostic and subsequent
disassembly works have been done. The procedure of evaluating the key characteristics on individual parts, their
display, and the resulting evaluation are described.
Clustering based Time Slot Assignment Protocol for Improving Performance in U...journal ijrtem
Recently, numerous approaches have been proposed for designing medium access control (MAC)
in underwater acoustic networks (UANs). Some of those works tried to adapt MAC protocols proposed for
terrestrial networks. However, unique environmental characteristics of UANs make the MAC protocols hard to be
used in the UANs and degrade network performance. In order to improve network performance, COD-TS MAC
protocol was proposed. COD-TS focuses on both single hop and multi-hop mode and utilizes CDMA for
exchanging schedule information between cluster heads. COD-TS has shortcomings such as collisions, additional
energy consumption by exchanging schedule information and near-far effect of CDMA. To overcome above
shortcomings, we propose a clustering-based time slot assignment protocol. In the proposed protocol, nodes are
clustered, and each cluster head performs two-hop neighbor cluster discovery operation. And then, a cluster head
obtains its own relative position information. Finally, the cluster head assigns its own time slot for data
transmission based on the information. Simulation results show that the proposed protocol has always better
performance compared to the COD-TS.
Design and Implementation of Smart Bell Notification System using IoT journal ijrtem
This document describes the design and implementation of a smart bell notification system using IoT. The system uses a camera to capture an image of a visitor when the doorbell is pressed and sends the image to the owner via SMS along with an alert. It also saves the images to a Google Drive folder. The system aims to provide home security and convenience by allowing owners to see who is at the door and take appropriate action. It uses an ARM-7 microcontroller, GSM modem, camera and cloud storage to enable this smart doorbell notification feature.
Assessment of the Water Quality of Lake Sidi Boughaba (Ramsar Site 1980) Keni...journal ijrtem
Sidi Boughaba Lake, part of a wetland complex of Morocco (Ramsar site in 1980) is located on
the Atlantic coast of northwestern Morocco, oriented NNE - SSW and located in an interdunal depression. The
existence of this body of water is due to the fact that the topographic surface is at a lower cost than that of the
piezometric surface of the coastal water table, rainwater and runoff water. The objective of this study is to
determine the physical and chemical characteristics of the waters of this lake. Thus, several water samples were
taken monthly in the period 2016-2017. Parameters such as: temperature, pH, electrical conductivity (EC),
chloride (Cl-
), turbidity (NTU), calcium (Ca2+) and magnesium (Mg2+). The results obtained show that the
distribution of the analyzed elements in Lake waters is quite variable between seasons, as well as between stations.
However, the analysis showed that the studied waters are very mineralized, with an EC between 7 g/l and 14.8
g/l. This mineralization is essentially evaporitic and is controlled by various processes, such as evaporation and
marine influence by aerosol.
The case of a cyclist and tractor traffic accident journal ijrtem
When assessing the cause of a traffic accident, it is also necessary for the technical expert to
take into account the real influences that affect individual participants. This is especially important for accidents
in which one of the participants is cyclist. Technical expert must consider all the circumstances necessary to
assess the cyclist´s behavior. Negligible is not even the age of a cyclist, since in the case of a child or an old man
the driver overtaking bicycle should take this into consideration. The article deals with case of traffic accident
between tractor with the trailer and a bicycle which was riding by cyclist at the age of 80. Apart from the described
procedure by expert in the calculations, the influences on participants' behavior are also discussed
: This paper is aimed at designing a density based dynamic traffic signal system where the timing
of signal will change automatically on sensing the traffic density at any junction using the IoT technology. Traffic
congestion is a severe problem in most cities across the world and therefore it is time to shift more manual mode
or fixed timer mode to an automated system with decision making capabilities. To optimize this problem, we have
made a framework for an intelligent traffic control system. Sometimes higher traffic density at one side of the
junction demands longer green time as compared to standard allotted time. We therefore propose here a
mechanism in which the time period of green light and red light is assigned on the basis of the density of the
traffic present at the time. This is achieved by using LIDAR sensors.
The CBC machine is a common diagnostic tool used by doctors to measure a patient's red blood cell count, white blood cell count and platelet count. The machine uses a small sample of the patient's blood, which is then placed into special tubes and analyzed. The results of the analysis are then displayed on a screen for the doctor to review. The CBC machine is an important tool for diagnosing various conditions, such as anemia, infection and leukemia. It can also help to monitor a patient's response to treatment.
Electric vehicle and photovoltaic advanced roles in enhancing the financial p...IJECEIAES
Climate change's impact on the planet forced the United Nations and governments to promote green energies and electric transportation. The deployments of photovoltaic (PV) and electric vehicle (EV) systems gained stronger momentum due to their numerous advantages over fossil fuel types. The advantages go beyond sustainability to reach financial support and stability. The work in this paper introduces the hybrid system between PV and EV to support industrial and commercial plants. This paper covers the theoretical framework of the proposed hybrid system including the required equation to complete the cost analysis when PV and EV are present. In addition, the proposed design diagram which sets the priorities and requirements of the system is presented. The proposed approach allows setup to advance their power stability, especially during power outages. The presented information supports researchers and plant owners to complete the necessary analysis while promoting the deployment of clean energy. The result of a case study that represents a dairy milk farmer supports the theoretical works and highlights its advanced benefits to existing plants. The short return on investment of the proposed approach supports the paper's novelty approach for the sustainable electrical system. In addition, the proposed system allows for an isolated power setup without the need for a transmission line which enhances the safety of the electrical network
Comparative analysis between traditional aquaponics and reconstructed aquapon...bijceesjournal
The aquaponic system of planting is a method that does not require soil usage. It is a method that only needs water, fish, lava rocks (a substitute for soil), and plants. Aquaponic systems are sustainable and environmentally friendly. Its use not only helps to plant in small spaces but also helps reduce artificial chemical use and minimizes excess water use, as aquaponics consumes 90% less water than soil-based gardening. The study applied a descriptive and experimental design to assess and compare conventional and reconstructed aquaponic methods for reproducing tomatoes. The researchers created an observation checklist to determine the significant factors of the study. The study aims to determine the significant difference between traditional aquaponics and reconstructed aquaponics systems propagating tomatoes in terms of height, weight, girth, and number of fruits. The reconstructed aquaponics system’s higher growth yield results in a much more nourished crop than the traditional aquaponics system. It is superior in its number of fruits, height, weight, and girth measurement. Moreover, the reconstructed aquaponics system is proven to eliminate all the hindrances present in the traditional aquaponics system, which are overcrowding of fish, algae growth, pest problems, contaminated water, and dead fish.
Batteries -Introduction – Types of Batteries – discharging and charging of battery - characteristics of battery –battery rating- various tests on battery- – Primary battery: silver button cell- Secondary battery :Ni-Cd battery-modern battery: lithium ion battery-maintenance of batteries-choices of batteries for electric vehicle applications.
Fuel Cells: Introduction- importance and classification of fuel cells - description, principle, components, applications of fuel cells: H2-O2 fuel cell, alkaline fuel cell, molten carbonate fuel cell and direct methanol fuel cells.
Optimizing Gradle Builds - Gradle DPE Tour Berlin 2024Sinan KOZAK
Sinan from the Delivery Hero mobile infrastructure engineering team shares a deep dive into performance acceleration with Gradle build cache optimizations. Sinan shares their journey into solving complex build-cache problems that affect Gradle builds. By understanding the challenges and solutions found in our journey, we aim to demonstrate the possibilities for faster builds. The case study reveals how overlapping outputs and cache misconfigurations led to significant increases in build times, especially as the project scaled up with numerous modules using Paparazzi tests. The journey from diagnosing to defeating cache issues offers invaluable lessons on maintaining cache integrity without sacrificing functionality.
CHINA’S GEO-ECONOMIC OUTREACH IN CENTRAL ASIAN COUNTRIES AND FUTURE PROSPECTjpsjournal1
The rivalry between prominent international actors for dominance over Central Asia's hydrocarbon
reserves and the ancient silk trade route, along with China's diplomatic endeavours in the area, has been
referred to as the "New Great Game." This research centres on the power struggle, considering
geopolitical, geostrategic, and geoeconomic variables. Topics including trade, political hegemony, oil
politics, and conventional and nontraditional security are all explored and explained by the researcher.
Using Mackinder's Heartland, Spykman Rimland, and Hegemonic Stability theories, examines China's role
in Central Asia. This study adheres to the empirical epistemological method and has taken care of
objectivity. This study analyze primary and secondary research documents critically to elaborate role of
china’s geo economic outreach in central Asian countries and its future prospect. China is thriving in trade,
pipeline politics, and winning states, according to this study, thanks to important instruments like the
Shanghai Cooperation Organisation and the Belt and Road Economic Initiative. According to this study,
China is seeing significant success in commerce, pipeline politics, and gaining influence on other
governments. This success may be attributed to the effective utilisation of key tools such as the Shanghai
Cooperation Organisation and the Belt and Road Economic Initiative.
Introduction- e - waste – definition - sources of e-waste– hazardous substances in e-waste - effects of e-waste on environment and human health- need for e-waste management– e-waste handling rules - waste minimization techniques for managing e-waste – recycling of e-waste - disposal treatment methods of e- waste – mechanism of extraction of precious metal from leaching solution-global Scenario of E-waste – E-waste in India- case studies.
ACEP Magazine edition 4th launched on 05.06.2024Rahul
This document provides information about the third edition of the magazine "Sthapatya" published by the Association of Civil Engineers (Practicing) Aurangabad. It includes messages from current and past presidents of ACEP, memories and photos from past ACEP events, information on life time achievement awards given by ACEP, and a technical article on concrete maintenance, repairs and strengthening. The document highlights activities of ACEP and provides a technical educational article for members.
Fluctuations of Equity Share Price of the Selected Banks in Oman
1. Invention Journal of Research Technology in Engineering & Management (IJRTEM) ISSN: 2455-3689
www.ijrtem.com ǁ Volume 1 ǁ Issue 7 ǁ
| Volume 1 | Issue 7 | www.ijrtem.com | 12 |
Fluctuations of Equity Share Price of the Selected Banks in Oman
1
Sameena Begum, 2
Krutika Tukaram Achrekar
1
Assistant Professor, Waljat College of Applied sciences
ABSTRACT: Since Oman is experiencing a fall in the crude oil prices leading to the decline in share prices, there is a fear of an
economic slowdown. Oman being heavily dependent on oil to fund its national budget, it may experience a crisis due to this situation.
Capital Market Authority is the regulator or the governmental body which is responsible for governing the trading of securities in the
Sultanate. Muscat Securities Market is the exchange where all the listed securities are traded. The Central Bank of Oman is in charge
of keeping up the internal and external worth of the national money. It is also the single coordinated controller of Oman's finance
related services industry.
In this report we examine the equity shares price behaviour of six banks of Oman. These banks are listed in the MSM. A clear
comparison between these will help to forecast their future prices. This will benefit the shareholders in understanding and also to
make decisions regarding which bank to invest in to get maximum returns.
Keywords: Stock Market, Behaviour of Equity Share Prices, Conventional and Islamic Banks.
Introduction & Literature Review
1.1 Theoretical Concepts and Framework
Equity share is the part of the company that is not funded by loans but from purchase of shares of the business. This equity share
contributes a large part of financing for the business. If the value of the equity falls, the company cannot borrow money quickly as it
could before since it will be worthless.
1.2 Problem Statement
Investing in equity shares is risky and demands more time. However it can be rewarding in a long run. As an investor in equity shares
you are part owner of the company and can participate in its growth and also benefit from it. Therefore choosing the right company is
very important. If the investor chooses right company with right time perspective, it doesn't matter in long run if he bought it at right
price or not, because if the company is growing his investment rate will increase and it will make the initial investment price lose its
relevance.
This report discusses about which bank, it would be beneficial to invest in, due to the falling oil prices in Oman.
1.3 Theoretical Concepts and Framework
Investment is the act of investing or committing money by an individual or an organization to the purchase of financial instruments as
a means to make income or to gain profits. Investment is similar to saving. When the investment is made there is an expectation that
there will be some returns from the investment in the future.
Investments can be of various types: Capital Investment, Equity Investment, Investment in Land and Buildings, Investment in Gold,
Portfolio Investment, etc.
A market may be defined as a place where buyers and sellers meet to exchange goods and services, and may not necessarily involve
money. Market can be physical market or it can be virtual such as online market where the buyers and sellers do not interact.
A common type of securities market is the stock market. It is also known as the equity market. The stock market is a market where
shares of publicly held companies are traded through stock exchanges. Stock exchange is a place where stock brokers trade the stocks.
Companies might want to get themselves registered in these stock exchanges. It is an important part of any economy, since it gives the
companies an access to capital in exchange of giving a part ownership of their company to investors.
The stock market can be divided into primary market and secondary market. Primary market sells new issues through initial public
offering and secondary market is where the subsequent trading takes place.
1.4 Literature Review
(Joshi, Mrunal, 2013) a study on Indian Stock market and demonstrated that financial specialists require being ready about the
happenings in the market. Therefore, each and every investor needs to be attentive of the major issues affecting the stock market. In
the research it was tried to find out the aspects responsible for up-down movement in Indian stock market. From the study it was
discovered elements such as Flow of Foreign Institutional Investors, Political Stability, Growth of Gross Domestic Product, Inflation,
Liquidity and different interest rate and Global level factors are major factors responsible for the creation of movements in Indian
Stock Market.
(James A.Bennet & Richard W. Sias, 2001) conducted a study on "can cash streams anticipate stock returs" and is characterized as the
distinction amongst upstick and downstick dollar exchanging volume. The study says that despite the little published research
2. Fluctuations of Equity Share Price of the Selected Banks in Oman
| Volume 1 | Issue 7 | www.ijrtem.com | 13 |
regarding its helpfulness, the measure has become a progressively popular technical indicator because of its own means. The study
summarises its most imperative finding that money flow appears to predict a cross-sectional variation in future returns. Their
predictive ability is sensitive, however to the method of money flow measurement.
(Shivaraju S, Mysore, & Rakesh H M, Assistant Professor, Dept of MBA, 2014) Depicted in his exploration "study of equity share
price of selected stocks from sectors" that securities exchanges assume a critical part in developing businesses and trade of a nation
that in the long run influence the economy. The study says the stock markets avail long-term capital to the listed firms by pooling
funds from diverse investors and permit them to expand in business and also offer investors elective speculation roads to put their
surplus funds in. The paper also evaluates the equity share prices of different companies of different sectors and says that investors
cautiously lookout the performance of stock markets by noticing the composite market index, before investing funds.
(R. Chitra, GRG School of Management Studies, Peelamedu, Coimbatore, TN, 2011) Examined in the paper "technical analysis on
selected stocks of energy sector" technical analysis is an investigation of securities exchange identifying with variables influencing the
free market activity of stocks furthermore helps in comprehension the inherent estimation of shares and to know whether the shares
are undervalued or overvalued. It shows the stock market indicators assist the investors to classify major market turning points. The
objective of the project was to study the technical analysis of selected stocks of energy sector and interpret on whether to buy or sell
them by using techniques which would help the investors to identify the current trends and risks involved.
(Singhal, Verma, & Khurana, 2014) did an research paper which contains the investigation of the quantity of stock prices which best
in class and declined on the New York stock Exchange on every trading day amid a four year time frame that value developments in a
securities exchange are of arbitrary nature. The study also shows that the prices of individual stock do not move independently and
there is strong tendency for prices to move in unison, up or down.
(Zoheir Ebrahim, Oliver R. Inderwildi, 2014) Did a study and said that dependency on oil-derived fuels on several sectors, most
notably in mobility, has left the global economy susceptible to numerous macroeconomic side effects. Numerous studies have
addressed the effect of price volatility on specific economic parameters. In the study, the analytical literature review and analysis of
the behavioral reactions of macroeconomic agents to OPV displays that such volatility has several destructive and threatening
macroeconomic impacts that will present a vital barrier to upcoming sustainable economic growth if left unchecked. To confirm
macroeconomic isolation from OPV, a mixture of supply and demand side strategies have been commended that can help to alleviate a
resilience to the economic uncertainty advanced by OPV.
(Tease, 1993) Did a research and reported the stock market has a significant role in sharing of resources, both directly and indirectly as
a source of funds and as a determinant of firm’s value and borrowing capacity. The project targets to inspect the connection between
equity prices and business environment, addressing the question of whether investment is influenced by ineffective pricing in equity
markets.
(A. A. Prakash, Shanmugha, & Valley, 2015) Analyzed the market price of the shares of a company tends to alter according to internal
as well as external factors. This study analyses the share price movement of bank industry as a rise in investment values throughout
India leading to revenue generation for banks. The tools used in this study are Simple moving Average, Relative strength Index,
Money flow Index, Linear Regression Findings.
(M. Prakash et al., 2015) conducted a research and their study shows a better understanding of stock market trend will permit
allocation of sources to the more lucrative investment prospect. The behavior of stock will assist investors to make suitable investment
decisions it measures the strength of the money involved in investing in the stocks. Simple moving average model is applied and
which would help investors in giving the sell or buy signal. In India, typically funds are raised through issue of shares.
(Mrs.J.Nithya, Dr.G.Thamizhchelvan Department of Commerce and International Business, 2014)Studied how the technical analysis
can be of valuable use for the investors in marking their investment decisions. Tools of technical analysis can be used to forecast the
stock prices. He also studied the right stock for investment and how to offer the reason for the investment based on the candlestick
charts and indicators. Also to study the activities of stock prices of particular company stocks through technical analysis. He used
descriptive method to analyse the price trend of fifteen stocks using MACD and RSI charting technique of technical analysis.
(GOVINDARAJAN et al., 2014)Conducted a study on how stock market plays a vital rol in mobilizing the savings and diverting it
into industrial enterprises. According to him, investment in stocks is not well received by all investors. He said that investment may be
made from short term perspective and from long term point of view. He said that though a number of statistical tools are available 200
days daily moving average, relative strength index, rate of change and Bollinger point are considered as reliable tools to help the short
term investors. The research paper focused on the share price movement o new private sector banks and analyse their reliability of the
statistical tool in suggesting the suitable time for entry and exit from such investment.
3. Fluctuations of Equity Share Price of the Selected Banks in Oman
| Volume 1 | Issue 7 | www.ijrtem.com | 14 |
(Hemalatha & Krishna, 2013)Did a research paper on the technical analysis of equity share price of Canara Bank to analyse and
understand the equity share of the Canara Bank. The study was done to analyse the price movement of share, to compare the stock
price movements with the market and to discover the trend in the future. The data was analysed using the simple moving average,
relative strength index, exponential moving average, which gave results about the share prices of the company.
(Sailendra, 2015)Conducted a study in which he said banking sector is attracting many invetstors of shares to have it as a primary
option in their investment portfolio. These investors ae in search of information about the right share to be purchased and the best
time to invest. He said through this study the investors would know what tools they can use to take decisions on shares trading.
(Jayakumar & K.Sumanthi, n.d.)Conducted a research on Indian Banking sector which is one of the wide sectors in the country and
the various factors which affect the share prices of banking companies. A detailed analysis of the trend in share price movement is
given in the result. He considered the internal ad external factors which affect the prices of the shares of bank. He used the spss model
and shoed through regression and correlation between the share prices.
(A.Jayakumar & K.Sumanthi, 2014)Conducted a study on the technical analysis is a study of stock market relating to factors affecting
the supply and demand of stocks. In his study he said technical analysis recommend that users fine tune these parameters according to
what they see suitable for their strategy. It will help in the understanding of intrinsic value of shares. The paper contains a significant
technical analysis of the Union Bank which helps to understand the price behavior of the shares. The paper describes the use of
technical analysis for investors while buying and selling decisions with the technical analysis done for the Union Bank. It would help
the investors to identify the trend and risk.
1.5 Significance of Study
It is beneficial to institutional as well as individual investors
It gives insight of fluctuation of prices of shares
It helps in making right investment decisions
The study will also help to know the equity share price behaviour over a period of time
1.6 Objectives of the Study
This research study covers the following objectives:
To observe the equity price behaviour of banks.
To examine the effect of fall in oil prices on the shares of various banks.
To study the day to day fluctuations in the equity share prices.
To analyze how the variations in share prices have an impact on the trade decisions.
To know the current trend and strength of trend of the banks.
1.7 Scope of the Study
This study covers the comparative study of technical analysis of 6 banks. 4 of which are conventional banks and 2 are Islamic banks.
It was conducted from January 2013 to May 2016. Thus research will give an idea to the investor about the fluctuations in share prices
and also an idea on which bank to invest in.
Research Methodology
Research methodology is a systematic way to resolve the research problem. Its main aim is to study how the research can be done and
also describes the methods of research and logic
2.1 Research Design
This study has employed descriptive research design. It involves the descriptive analysis of the selected 6 banks in Oman by using
technical analysis for evaluating the equity price behaviour.
2.2 Data Collection Method
To analysis this, secondary data was used. It was collected through articles, and official publications of authorised website of Muscat
Securities Market where the closing price of various stocks of six banks was given.
Sample unit: For this research, six banks in Oman are selected. The banks which were selected are:
1. Bank Muscat
2. National Bank of Oman
3. Bank Dhofar
4. Bank Sohar
4. Fluctuations of Equity Share Price of the Selected Banks in Oman
| Volume 1 | Issue 7 | www.ijrtem.com | 15 |
5. Bank Nizwa
6. Alizz Islamic Bank
The first 4 banks are purely conventional bank .The last 2 are pure Islamic banks.
2.3 Analysis of Data: Tools & Techniques
The tool used in this research to study the fluctuations in the share prices are as discussed below:
Simple Moving Average: The simple moving average is calculated by finding the average of stock price over a certain period of
time. As new data comes in the old data is pushed out. Therefore, it is called moving average. It is the most frequently used tool of
technical analysis used to find the fluctuations in the security price. Simple moving average helps the investors to make decisions
regarding whether to sell or buy a particular stock at a particular point of time.
Relative Strength Index: The Relative Strength Index was developed by J. Welles Wilder. It is an oscillator that measures the rate
of changes in price movements. It oscillates between 0 and 100. The RSI will be said to be overbought when it is above 70, and
oversold when the RSI is below 30.
The RSI is calculated using the following formulas:
RSI = 100 – (100/1+RS)
Where RS = Average Gain /Average Loss
The first calculations for Average gain and average loss are for simple 14 period.
First Average Gain = Sum of gains over past 14 periods/14
First Average Loss = Sum of loss over past 14 periods/14
The next calculation are based on the previous average and current gain or loss
Average Gain = [(previous average gain) * 13 + current gain]/14
Average Loss = [(previous average loss) * 13 + current loss]/14
Now, if it is seen that the RSI crosses 70, the shares are overbought and is a signal to sell which leads to fall in share prices in the
future. If the RSI falls below 30, it means it’s a buy signal, since the shares are oversold and will lead to upward trend in future stock
prices.
2.4 Limitations to the Study
1. The study is limited banking sector only.
2. Only few banks were selected.
3. The study is based purely on secondary data and not primary data.
4. For the study only technical analysis is used.
Results & Discussion
3.1 Findings of the Study
The findings are as follows:
1. Bank Muscat
Figure 1-Simple Moving Average
From the above graph, it is seen that the SMA trend line of Bank Muscat indicates a downward penetration with the share price line.
This creates a sell signal for the investor. Since there is a high possibility for fall in the future prices of the stock.
0
0.5
1
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Price
Bank Muscat
Bank Muscat Share Price
Bank Muscat3yearly moving
average as trend
5. Fluctuations of Equity Share Price of the Selected Banks in Oman
| Volume 1 | Issue 7 | www.ijrtem.com | 16 |
2. National Bank of Oman
Figure 2 Simple Moving Average
From the above graph, it is depicted that the SMA trend line of National Bank of Oman indicates a downward penetration with the
share price line. This creates a sell signal for the investor. Since there is a high possibility for fall in the future prices of the stock.
3. Bank Dhofar
Figure 3 Simple Moving Average
From the above graph, it is seen that the SMA trend line of Bank Dhofar indicates a downward penetration with the share price line.
This creates a sell signal for the investor. Since there is a high possibility for fall in the future prices of the stock.
4. Bank Sohar
Figure 4 Simple Moving Average
From the above graph, it is seen that the SMA trend line of Bank Sohar indicates a upward penetration with the share price line. This
creates a buy signal for the investor. Since there is a high possibility for raise in the future prices of the stock. Now, the investor can
proceed to invest.
0
0.1
0.2
0.3
0.4
0.5
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Price
National Bank of Oman
National Bank of Oman Share
Price
National Bank of Oman3yearly
moving average as trend
0
0.2
0.4
0.6
Jan-13
May-13
Sep-13
Jan-14
May-14
Sep-14
Jan-15
May-15
Sep-15
Jan-16
May-16
Price
Bank Dhofar
Bank Dhofar Share
Price
Bank Dhofar3yearly
moving average as
trend
0
0.1
0.2
0.3
Jan-13
May-13
Sep-13
Jan-14
May-14
Sep-14
Jan-15
May-15
Sep-15
Jan-16
May-16
Price
Bank Sohar
Bank Sohar Share
Price
Bank Sohar3yearly
moving average as
trend
6. Fluctuations of Equity Share Price of the Selected Banks in Oman
| Volume 1 | Issue 7 | www.ijrtem.com | 17 |
5. Bank Nizwa
Figure 5 Simple Moving Average
From the above graph, it is depicted that the SMA trend line of Bank Nizwa indicates an downward penetration with the share price
line. This creates a sell signal for the investor. Since there is a high possibility for fall in the future prices of the stock.
Alizz Islamic Bank
Figure 6 Simple Moving Average
From the above graph, it is seen that the SMA trend line of Alizz Islamic Bank indicates a downward penetration with the share price
line. This creates a sell signal for the investor. Since there is a high possibility for fall in the future prices of the stock.
Relative Strength Index
6. Bank Muscat
Figure 1 Relative Strength Index
In the above graph, the RSI line of Bank Muscat crosses 30 in March. This shows a buy signal. It indicates that the investor can go on
with investing more. It is preferable to hold the scripts till the trend line crosses the centerline and then sell at a later time to make
profits.
0
0.05
0.1
0.15
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Price Bank Nizwa
Bank Nizwa Share Price
Bank Nizwa3yearly moving
average as trend
0
0.02
0.04
0.06
0.08
0.1
0.12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Price
Alizz Islamic Bank
Alizz Islamic Bank Share Price
Alizz Islamic Bank3yearly
moving average as trend
0
20
40
60
80
100
JAN…
FEB…
APR…
MAY…
JUL…
AUG…
OCT…
DEC…
JAN…
MAR…
APR…
JUN…
JUL…
SEP…
NOV…
DEC…
FEB…
MAR…
MAY…
JUN…
AUG…
OCT…
NOV…
JAN…
FEB…
APR…
MAY…
BANK MUSCAT
RSI
7. Fluctuations of Equity Share Price of the Selected Banks in Oman
| Volume 1 | Issue 7 | www.ijrtem.com | 18 |
7. National Bank of Oman
Figure 2 Relative Strength Index
In the above graph, the RSI line of National Bank of Oman falls between 70 and 30. This indicates the investor can hold the script for
some more time. The script is neither oversold nor overbought.
8. Bank Dhofar
Figure 3 Relative Strength Index
From the above graph, it is depicted that the RSI trend line of Bank Dhofar is moving downwards. It may cross below 30 thus making
the stocks oversold. This creates a sell signal.
9. Bank Sohar
Figure 4 Relative Strength Index
0
20
40
60
80
100
JAN01,2013
FEB07,2013
MAR…
APR23,2013
MAY…
JUL14,2013
AUG…
OCT…
DEC02,2013
JAN09,2014
FEB20,2014
APR02,2014
MAY…
JUN19,2014
AUG…
SEP10,2014
OCT…
DEC04,2014
JAN14,2015
FEB24,2015
APR05,2015
MAY…
JUN28,2015
AUG…
OCT…
DEC01,2015
JAN24,2016
MAR…
APR07,2016
MAY…
National Bank of Oman
RSI
0
20
40
60
80
100
120
01-Jan-13
FEB04,2013
MAR…
APR…
MAY…
JUN…
JUL15,2013
AUG…
OCT…
NOV…
DEC…
JAN30,2014
MAR…
APR…
JUN…
JUL08,2014
SEP10,2014
OCT…
DEC…
FEB15,2015
MAR…
MAY…
JUL13,2015
OCT…
NOV…
DEC…
FEB18,2016
APR…
MAY…
Bank Dhofar
RSI
0
10
20
30
40
50
60
70
80
90
JAN01,2013
FEB13,2013
MAR27,2013
MAY12,2013
JUN24,2013
AUG06,2013
SEP23,2013
NOV12,2013
DEC26,2013
FEB09,2014
MAR23,2014
MAY08,2014
JUN22,2014
AUG11,2014
SEP22,2014
NOV11,2014
DEC25,2014
FEB10,2015
MAR26,2015
MAY11,2015
JUN24,2015
AUG17,2015
OCT01,2015
NOV16,2015
JAN10,2016
FEB23,2016
APR05,2016
MAY18,2016
Bank Sohar
RSI
8. Fluctuations of Equity Share Price of the Selected Banks in Oman
| Volume 1 | Issue 7 | www.ijrtem.com | 19 |
From the above graph, it is depicted that the trend line of Bank Sohar is moving downwards. It touches 50 thus making the stocks
neither oversold nor overbought. This creates a buy signal. There might be a upward penetration in future stock price.
10. Bank Nizwa
Figure 5 Relative Strength Index
In the above graph, the RSI line of Bank Nizwa falls between 70 and 30. This indicates the investor can hold the script for some more
time. The script is neither oversold nor overbought. The investor can sell the scripts later to make comfortable profits.
11. Alizz Islamic Bank
Figure 6 Relative Strength Index
From the above graph, it is seen that the RSI trend line of Alizz Islamic Bank crosses below 30. It creates a buy signal since the script
is oversold. The investor tends to buy at this point of time.
Conclusions
The data was collected from seven banks which are listed in the Muscat Securities Market. All the data taken was from secondary
sources like Muscat Securities Market website, report, etc. Using the Simple Moving Average and Relative Strength Index, a study
was done on the behavior of the share prices of the companies.
With the help of the simple moving average and the relative index strength trend lines, the investor can be comfortable to find to
decide on whether to buy or hold or to sell the shares at a particular time period and make good profits.
The shares market has a possibility to become stable in the future. Therefore, the seller can hold the shares till the market gains
stability or the crude oil achieves better price, i.e it follows a fixed bearish or bullish trend. Once the crude oil prices become stable,
the sellers can sell and buyers can buy the shares of the oil and gas companies.
With the help of the trend lines it is found out that the shares of the banking sector have a potential to rise in the future. So, the
investor can take a decision to capitalize or hold the shares for some time.
The RSI trend line of the banks also demonstrates an opportunity for the investor to get income though there is a decrease in stock
value at present.
There is great in volatility seen by the market observers as a sign of shareholder tension which in the counter-initiative world is quite
strong. The investors can invest in the companies which are improving. Also the shareholders are recommended to hold the shares
until the shares follow a fixed bearish or bullish trend.
0
50
100
JAN…
FEB…
MAR…
MAY…
JUN…
JUL…
SEP…
OCT…
DEC…
JAN…
MAR…
APR…
JUN…
JUL…
SEP…
OCT…
DEC…
JAN…
FEB…
APR…
MAY…
JUL…
AUG…
SEP…
NOV…
DEC…
FEB…
MAR…
APR…
BANK NIZWA
RSI
0
20
40
60
80
100
JAN02,2013
FEB05,2013
MAR…
APR11,2013
MAY…
JUN18,2013
JUL21,2013
AUG…
OCT02,2013
NOV…
DEC30,2013
FEB10,2014
MAR…
MAY…
JUL10,2014
SEP04,2014
NOV…
JAN11,2015
MAR…
MAY…
JUL28,2015
SEP28,2015
NOV…
DEC09,2015
JAN21,2016
FEB24,2016
MAR…
APR28,2016
RSI
RSI
9. Fluctuations of Equity Share Price of the Selected Banks in Oman
| Volume 1 | Issue 7 | www.ijrtem.com | 20 |
References
[1] A.Jayakumar, & K.Sumanthi. (2014). Technical Analysis of Union Bank with Special Reference to NSE. International Journal
of Advance Research in Computer Science and Management Studies, 2(1), 356–360.
[2] GOVINDARAJAN, K., M.COM. M.Phil. ACS. M.B.A. Professor, S. of M., SASTRA University, Thanjavur, Tamilnadu, I. M.,
NET, S. . K. A. M. B. A. M. C., Asst. professor, S. of M., SASTRA University, Thanjavur, Tamilnadu, I., … SASTRA
University, Thanjavur, Tamilnadu, I. (2014). A Study on Technical Analysis of New Private Sector Banking Stocks in India.
International Journal of Applied Engineering Research, 9(19), 6329–6341.
[3] Hemalatha, M. K., & Krishna, S. (2013). Finance A Study on Technical Analysis of Canara Bank Equity Share Keywords :
Technical analysis , Simple Moving Average , Exponential , Moving Average and Rela- tive Strength Index. ISSN, (April), 221–
224.
[4] James A.Bennet, U. of S. M., & Richard W. Sias, U. of A. (2001). Can Money Flows Predict Stock Returns_ by James A (Vol.
57).
[5] Jayakumar, A., & K.Sumanthi. (n.d.). TECHNICAL ANALYSIS OF SHARE PRICE MOVEMENT WITH SPECIAL
REFERENCE TO PUBLIC SECTOR BANK. International Research Journal of Business and Management, 11–20.
[6] Joshi, Mrunal, B. R. C. M. C. of B. (2013). “ Factors affecting Indian Stock Market ” Investment : Meaning Marketable
Securities : Types. Social Science Report Network.
[7] Mrs.J.Nithya, Dr.G.Thamizhchelvan Department of Commerce and International Business, D. G. C. of S. (2014). Effectiveness
of Technical Analysis in Banking Sector of Equity. IOSR Journal of Business and Management (IOSR-JBM, 16(7), 20–28.
[8] N.Muthukumaran. (n.d.). A Study on Technical Analysis on Equity Stock.
[9] Patil, B. (n.d.). (1) TECHNICAL ANALYSIS OF EQUITY SHARES PROJECT REPORT _ Babasab Patil - Academia.
[10] Prakash, A. A., Shanmugha, P., & Valley, H. (2015). Commerce Management A Study on Analysis of Equity Share Price
Movements of Selected Banking Scrip ’ s Assistant Professor , Happy Valley Business School , Coimbatore . KEYWORDS :
Chart , Price Behavior , Equity Share Prices , Trend Lines , Simple moving a.
[11] Prakash, M., Namasivayam, S., Ashwini, S., Gunasekaran, M., Mark, G., & Pharm, A. (2015). Analysis on equity share
behaviour of selected companies scrip in pharmaceutical sector and banking sector, 2(3), 576–578.
[12] R. Chitra, GRG School of Management Studies, Peelamedu, Coimbatore, TN, I. (2011). Technical Analysis on Selected Stocks of
Energy Sector Market Value of Nifty (Vol. 9519).
[13] Sailendra, B. S. (2015). A Study on the Technical Analysis of Share Price Movements of Banking Sector with Special Reference
to NSE, 3(5), 55–57.
[14] Shivaraju S, 4th Semester MBA, Mysore, V., & Rakesh H M, Assistant Professor, Dept of MBA, V. M. (2014). A Study on
Equity Share Price Behavior of Selected Stocks from Different Sectors _ Interal Res journa Managt Sci Tech - Academia.
International Journal of Research in Management, Science & Technology, 5(7), 11.
[15] Singhal, M., Verma, M., & Khurana, K. (2014). Price Movements in the Stock Market. International Journal of Innovative
Research In Technology, 1(7), 180–182.
[16] Tease, W. (1993). The stock market and investment, (20), 41–63.
[17] Zoheir Ebrahim, Oliver R. Inderwildi, D. A. K. (2014). Macroeconomic impacts of oil price volatility_ mitigation and resilience
- Springer. Frontiers in Energy, 8(1), 9–24.
Online Source
http://www.investopedia.com
https://www.msm.gov.om/
https://www.cma.gov.om/
http://mctgases.com/CompanyProfile.aspx
http://www.almaha.com.om/products-services/