Academic literature on the topic 'Tehran stock Index'

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Journal articles on the topic "Tehran stock Index"

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Mehrara, Mohsen. "Return Predictability of Stock Price Index in Tehran Stock Exchange." International Letters of Social and Humanistic Sciences 9 (September 2013): 59–64. http://dx.doi.org/10.18052/www.scipress.com/ilshs.9.59.

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The question of whether asset price changes are predictable has long been the subject of many studies. Many studies, using historical returns based on random walk tests, have shown that stock return is not predictable. We study return predictability of the Tehran Exchange Price Index (TEPIX) based on monthly data from 2000 to 2011. For forecasting the return, we used a recursive estimation method in which the parameter estimates were updated recursively in light of new weekly observations, and also its regressors were changed recursively according to the Schwarz Bayesian Criterion. The results show that the daily stock returns are not predictable using publicly available information.
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Mehrara, Mohsen, Yazdan Gudarzi Farahani, Farzan Faninam, and Abbas Rezazadeh Karsalari. "The Effect of Macroeconomic Variables on the Stock Market Index of the Tehran Stock Exchange." International Letters of Social and Humanistic Sciences 71 (July 2016): 17–24. http://dx.doi.org/10.18052/www.scipress.com/ilshs.71.17.

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This paper examines the relationship between stock market index and macroeconomic policies (Fiscal and Monetary) on Iran's economy using quarterly data in the period 1999-2013. This study employed cointegration test and vector autoregressive models (VAR) to examine relationships between the stock market index and the macroeconomic variables. The empirical results reveal that a positive money shock can increase stocks return. According to impulse responses, the government expenditure had a slight impact on stocks return in the short term. But the government expenditure has a positive effect on exchange index in long run. Also the effect of taxes on the stock's price index is negative, so that it reaches its maximum level after the third lag and then alleviates. The GDP shock has positive effect on the stock's price index. Increase in production level leads to increase in earnings and profitability, leading to a positive response from stocks index. Therefore the results showed that the macroeconomic variables such as inflation, exchange rate and GDP have significant effects on Tehran exchange price index. So the hypothesis that the improving economic factors can have a useful role in the booming capital market is confirmed. Also the effect of fiscal policy factors such as tax revenues and government expenditures is more than monetary policy factors on stock returns.
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Jing, Dongmei, Mohsen Imeni, Seyyed Ahmad Edalatpanah, Alhanouf Alburaikan, and Hamiden Abd El-Wahed Khalifa. "Optimal Selection of Stock Portfolios Using Multi-Criteria Decision-Making Methods." Mathematics 11, no. 2 (2023): 415. http://dx.doi.org/10.3390/math11020415.

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In the past, investors used their own or others’ experiences to achieve their goals. With the development of financial management, investors’ choices became more scientific. They could select the optimal choice by using different models and combining the results with their experiences. In portfolio optimization, the main issue is the optimal selection of the assets and securities that can be provided with a certain amount of capital. In the present study, the problem of optimization, i.e., maximizing stock portfolio returns and minimizing risk, has been studied. Therefore, this study discussed comprehensive modeling for the optimal selection of stock portfolios using multi-criteria decision-making methods in companies listed on the Tehran Stock Exchange. A sample of 79 companies listed on the Tehran Stock Exchange was used to conduct this research. After simulating the data and programming them with MATLAB software, the cumulative data analysis model was performed, and 24 companies were selected. This research data were collected from the financial statements of companies listed on the Tehran Stock Exchange in 2020. The primary purpose of this study was a comprehensive modeling for the optimal selection of stock portfolios using multi-criteria decision-making methods in companies listed on the Tehran Stock Exchange. The index in the Tehran Stock Exchange can be used to provide a comprehensive and optimal model for the stock portfolio; different multi-index decision-making methods (TOPSIS method), the taxonomy method (Taxonomy), ARAS method, VIKOR method, The COPRAS method and the WASPAS method can all identify the optimal stock portfolio and the best stock portfolio for the highest return.
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Abdollahzade, H., and A. Safari. "Predicting the price index of Tehran Stock Exchange." HOLOS 4 (September 19, 2017): 371. http://dx.doi.org/10.15628/holos.2017.6062.

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Shamsoddini, Mostafa, Mohammad N. Shahiki Tash, and Farhad Khodadad-Kashi. "Measuring Information Asymmetry in Large Active Firms on the Tehran Stock Exchange." Scientific Annals of Economics and Business 63, no. 3 (2016): 333–46. http://dx.doi.org/10.1515/saeb-2016-0126.

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In financial markets, transparency of financial information is one of the most effective variables of investment strategies. Information asymmetry can seriously affect firm performance on the stock exchange and firms with a poor informational environment can lose the interest of investors. Reducing information asymmetry can have an important effect on firm performance on the stock exchange. Firms may lack a clear informational environment in the market because of the emerging conditions governing the Tehran Stock Exchange. Because larger and more active firms on the Tehran Stock Exchange provide more information, measuring the informational environment of these firms provides an overview of information asymmetry. The present study calculated the information asymmetry in these firms using the PIN and FE indices. The inconsistent results provided by these indices prompted the authors to offer a new index that is a composite of the PIN and FE that can better explain information asymmetry in developing market such as Asian stock markets. The results show that the new composite index, by using the mechanisms of the PIN and FE indices, provides a better outcome. The new composite index shows that the Tosee Melli Inv (TMEL1), Mobarakeh Steel (FOLD1), Iran Mobil Tele (HMRZ1), Saipa (SIPA1) and I.N.C. Ind. (MSMI1) firms have a better informational environment on the Tehran Stock Exchange.
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Pooya, Sabetfar. "The Relationship between Asset Growth and Stock Returns In Different Size of Portfolios in Tehran Stock Exchange." Multicultural Education 8, no. 2 (2022): 92. https://doi.org/10.5281/zenodo.5998326.

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<em>In the present study, we tried to investigate the relationship between the investment effect and stock returns in Tehran Stock Exchange. The index information of 174 companies was collectedduring the period of 2009 to 2020. These 174 companies were divided into four very large, large, small and very smallportfolios. The results showed that there is no relationship between asset growth and stock returns in the Tehran Stock Exchange in very large and small companies. But in large and small companies, the main hypothesis of the research is confirmed. According to the results, there is no relationship between the investment rate on assets and stock returns in large, small and very small companies in Tehran Stock Exchange. Only in the very large companies the second hypothesis was approved. There is no relationship between investment growth and stock returns in the very large and small companies of the stock market. But in the case of large and small companies, there is a relationship between investment growth and stock returns.</em>
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7

MADANI, Seyyed Amir Mousavi. "THE EFFECT OF CORPORATE GOVERNANCE ON THE FINANCIAL PERFORMANCE OF COMPANIES LISTED ON THE TEHRAN STOCK EXCHANGE." Management & Marketing 20, no. 1 (2022): 101–18. http://dx.doi.org/10.52846/mnmk.20.1.08.

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The present study investigated the effect of corporate governance on the financial performance of companies listed on the Tehran Stock Exchange. In this study, the duality of CEO duties and financial performance were considered as corporate governance mechanisms. Indicators like return on assets, return on equity and net operating profit after tax have been used to measure financial performance. The studied period was 2013 to 2017 and samples were member companies of Tehran Stock Exchange. The findings revealed that corporate governance and financial performance of companies listed on the Tehran Stock Exchange had a favorable significant association. With the ROE index, there was a significant positive association between board accountability and corporate performance. With the TQ index, there was a positive significant association between board accountability and company performance, and with the ROE index, there was a positive significant relationship between transparency level and firm performance. There was also a substantial positive link between the amount of transparency and business performance as measured by the TQ index, as well as a significant positive relationship between the audit committee and company success as measured by the ROE index.
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Hadipour, Hassan, Ali Paytakhti Oskooe, and Kamaleddin Rahmani. "Factors Affecting the Instability Index in Tehran Stock Exchange." Journal of Planning and Budgeting 26, no. 3 (2021): 131–54. http://dx.doi.org/10.52547/jpbud.26.3.131.

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9

Fayyazi, Hadi, Mohammad Esmaeil Fadaei Nejad, and Farzin Rezaei. "Relationship between Investors Sentiment Index with Stock Returns in Tehran Stock Exchange (TSE)." Asian Journal of Research in Banking and Finance 4, no. 12 (2014): 170. http://dx.doi.org/10.5958/2249-7323.2014.01463.1.

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10

Ghanbari, Hossein, Amir Mohammad Larni Fooeik, Amirhossein Eskorouchi, and Emran Mohammadi. "Investigating the effect of US dollar, gold and oil prices on the stock market." Journal of Future Sustainability 2, no. 3 (2022): 97–104. http://dx.doi.org/10.5267/j.jfs.2022.9.009.

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The capital market, as one of the main components of the financial markets, plays an important role in the economic development of countries. As financial markets become more globalized through the free flow of capital and international trade, price fluctuations in financial assets also affect other assets and markets. Due to the high impact of foreign exchange, gold, and oil markets on other financial markets, this study examined the impact of these markets on the Tehran Stock Exchange market from April 2015 to March 2021. In this regard, US dollar, ounces of gold, and crude oil are used as independent variables, and Tehran Price Index (TEPIX) is considered as a dependent variable. The results of the final model indicate that the prices of dollars, gold, and oil had significant effects on the total price index of the Tehran Stock Exchange.
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Conference papers on the topic "Tehran stock Index"

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Raeesi, Mohsen, Meysam Jalali, and Mehdi Shajari. "Using influential nodes of stock network to measure Tehran Stock Exchange index." In 2013 5th Conference on Information and Knowledge Technology (IKT). IEEE, 2013. http://dx.doi.org/10.1109/ikt.2013.6620111.

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