hrcak mascot   Srce   HID

Izvorni znanstveni članak

EVALUATION OF BENFORD’S LOW APPLICATION IN STOCK PRICES AND STOCK TURNOVER

Krakar Zdravko ; Faculty of Organisation and Informatics, University of Zagreb, Varaždin, Croatia
Mario Žgela ; Croatian National Bank, Zagreb, Croatia

Puni tekst: engleski, pdf (534 KB) str. 158-165 preuzimanja: 1.625* citiraj
APA 6th Edition
Zdravko, K. i Žgela, M. (2009). EVALUATION OF BENFORD’S LOW APPLICATION IN STOCK PRICES AND STOCK TURNOVER. Informatologia, 42 (3), 158-165. Preuzeto s https://hrcak.srce.hr/41108
MLA 8th Edition
Zdravko, Krakar i Mario Žgela. "EVALUATION OF BENFORD’S LOW APPLICATION IN STOCK PRICES AND STOCK TURNOVER." Informatologia, vol. 42, br. 3, 2009, str. 158-165. https://hrcak.srce.hr/41108. Citirano 18.10.2019.
Chicago 17th Edition
Zdravko, Krakar i Mario Žgela. "EVALUATION OF BENFORD’S LOW APPLICATION IN STOCK PRICES AND STOCK TURNOVER." Informatologia 42, br. 3 (2009): 158-165. https://hrcak.srce.hr/41108
Harvard
Zdravko, K., i Žgela, M. (2009). 'EVALUATION OF BENFORD’S LOW APPLICATION IN STOCK PRICES AND STOCK TURNOVER', Informatologia, 42(3), str. 158-165. Preuzeto s: https://hrcak.srce.hr/41108 (Datum pristupa: 18.10.2019.)
Vancouver
Zdravko K, Žgela M. EVALUATION OF BENFORD’S LOW APPLICATION IN STOCK PRICES AND STOCK TURNOVER. Informatologia [Internet]. 2009 [pristupljeno 18.10.2019.];42(3):158-165. Dostupno na: https://hrcak.srce.hr/41108
IEEE
K. Zdravko i M. Žgela, "EVALUATION OF BENFORD’S LOW APPLICATION IN STOCK PRICES AND STOCK TURNOVER", Informatologia, vol.42, br. 3, str. 158-165, 2009. [Online]. Dostupno na: https://hrcak.srce.hr/41108. [Citirano: 18.10.2019.]

Sažetak
Application of Benford's Law in the field of financial analysis is very rarely covered. In this paper it is researched possibility of usage of this law in analysis of stock prices and stock turnover in Zagreb stock exchange. On the basis of online available and public data, sets of input numbers are prepared. These sets are checked against Benford's Law. Results show that sets partially fit to this law. Stock turnover data conforms to Benford's Law, while daily closing stock prices do not. Probably, psychological factors significantly influence daily closing stock prices, so these values do not conform to Benford's distribution.

Ključne riječi
Benford's Law; stock exchange; stock price; stock turnover; deviation measure

Hrčak ID: 41108

URI
https://hrcak.srce.hr/41108

[hrvatski]

Posjeta: 2.213 *