Exploring the Relationship between Financial Ratios and Market Stock Returns
Journal Title: Eurasian Journal of Business and Economics - Year 2018, Vol 11, Issue 21
Abstract
This paper explores the relationship between financial ratios and market stock returns of 26 Qatari listed firms from 2009 to 2015. The results of Weighted Least Square (WLS) show that earnings per share, earnings yield ratio, and dividend yield ratio have significant and positive relationship with market stock returns while market to book value ratio, return on assets, return on equity, price to earnings ratio, dividends earnings ratio, and net profit margin have insignificant relationship with market stock returns. The implications will be for policymakers of government in selecting and deciding their policies. It will also be for investors and managers to make better decisions.
Authors and Affiliations
Sami RM MUSALLAM
Keywords
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- EP ID EP600933
- DOI 10.17015/ejbe.2018.021.06
- Views 85
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