Journal IJCRT UGC-CARE, UGCCARE( ISSN: 2320-2882 ) | UGC Approved Journal | UGC Journal | UGC CARE Journal | UGC-CARE list, New UGC-CARE Reference List, UGC CARE Journals, International Peer Reviewed Journal and Refereed Journal, ugc approved journal, UGC CARE, UGC CARE list, UGC CARE list of Journal, UGCCARE, care journal list, UGC-CARE list, New UGC-CARE Reference List, New ugc care journal list, Research Journal, Research Journal Publication, Research Paper, Low cost research journal, Free of cost paper publication in Research Journal, High impact factor journal, Journal, Research paper journal, UGC CARE journal, UGC CARE Journals, ugc care list of journal, ugc approved list, ugc approved list of journal, Follow ugc approved journal, UGC CARE Journal, ugc approved list of journal, ugc care journal, UGC CARE list, UGC-CARE, care journal, UGC-CARE list, Journal publication, ISSN approved, Research journal, research paper, research paper publication, research journal publication, high impact factor, free publication, index journal, publish paper, publish Research paper, low cost publication, ugc approved journal, UGC CARE, ugc approved list of journal, ugc care journal, UGC CARE list, UGCCARE, care journal, UGC-CARE list, New UGC-CARE Reference List, UGC CARE Journals, ugc care list of journal, ugc care list 2020, ugc care approved journal, ugc care list 2020, new ugc approved journal in 2020, ugc care list 2021, ugc approved journal in 2021, Scopus, web of Science.
How start New Journal & software Book & Thesis Publications
Submit Your Paper
Login to Author Home
Communication Guidelines

WhatsApp Contact
Click Here

  Published Paper Details:

  Paper Title

EFFICIENT MARKET HYPOTHESIS ON SELECTED HEALTHCARE STOCKS USING RUN TEST

  Authors

  Dr. Leela M H,  Shilpa V N ,  Shreya Shetty

  Keywords

Efficient Market Hypothesis, Bombay Stock Exchange, Runs Test, Weak Form, Intrinsic Value

  Abstract


Efficiency of stock market attracts investors for their investment. An Efficient Market indicates the accuracy of stock prices without bargains in the stock market. In other words, an efficient market conveys the market price of a share that is an unbiased estimate of its intrinsic value. Efficient Market Hypothesis extracts fair market value of stock prices. The present study examines the randomness of the price movements of the selected six Healthcare stocks at Bombay Stock Exchange and determined the efficiency of the stocks using Runs test includes observed runs, upper limit and lower limit. The data on closing prices has been retrieved for three months from January to March 2020. The study has been tested null and alternate hypothesis from the retrieved upper and lower limit and observed runs for six healthcare stocks. The study highlights that the selected healthcare stocks were at weak form efficiency and null hypothesis is accepted.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2008435

  Paper ID - 198323

  Page Number(s) - 3651-3667

  Pubished in - Volume 8 | Issue 8 | August 2020

  DOI (Digital Object Identifier) -    http://doi.one/10.1729/Journal.24365

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Dr. Leela M H,  Shilpa V N ,  Shreya Shetty,   "EFFICIENT MARKET HYPOTHESIS ON SELECTED HEALTHCARE STOCKS USING RUN TEST", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.8, Issue 8, pp.3651-3667, August 2020, Available at :http://www.ijcrt.org/papers/IJCRT2008435.pdf

  Share this article

  Article Preview

  Indexing Partners

indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
Call For Paper July 2024
Indexing Partner
ISSN and 7.97 Impact Factor Details


ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
ISSN
ISSN and 7.97 Impact Factor Details


ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
ISSN
DOI Details

Providing A Free digital object identifier by DOI.one How to get DOI?
For Reviewer /Referral (RMS) Earn 500 per paper
Our Social Link
Open Access
This material is Open Knowledge
This material is Open Data
This material is Open Content
Indexing Partner

Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 7.97 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)

indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer
indexer