DOIONLINE 
DOIONLINE Publish In |
International Journal of Management and Applied Science (IJMAS)-IJMAS |
 Journal Home Volume Issue |
||||||||
Issue |
Volume-4,Issue-3 ( Mar, 2018 ) | |||||||||
Paper Title |
Impact of Macroeconomic Factors on Stock Price: Application of MLR | |||||||||
Author Name |
Krishna Murthy Inumula, Anupama Tadamarla, K. Deeppa | |||||||||
Affilition |
Associate Professor, Symbiosis Institute of International Business [SIIB], Symbiosis International University, Pune – 411 057, Faculty Member, IBS Business School, Pune – 411 028, Assistant Professor, SCMS Cochin School of Business, Cochin – 683106. | |||||||||
Pages |
8-11 | |||||||||
Abstract |
This research study is related with the dynamic interactions among stock market, inflation, crude oil, industrial growth, exchange rate with firm level oil stock price. Since the importance of all the macroeconomic factors are evident in theory must also be verified through the empirical analysis of data that gives rise to understand the scope of this research study. This study concludes that all the macroeconomic factors taken in this study are jointly affecting the oil stock price. The multiple linear regression model (MLR) for oil stock has been chosen based on the goodness of fit measures and avoids the problems of multicollinearity, auto correlation and heteroskedasticity.Results found that Nifty Index is highly significant having its full impact in determining the stock price. Key words- Stock Price, MLR, Correlation, Macroeconomic Factor. | |||||||||
| View Paper | ||||||||||
