Original Research

Varying market conditions on the New York Stock Exchange and their effects on non-USA markets

D. J. Bradfield
South African Journal of Business Management | Vol 24, No 2 | a861 | DOI: https://doi.org/10.4102/sajbm.v24i2.861 | © 2018 D. J. Bradfield | This work is licensed under CC Attribution 4.0
Submitted: 16 October 2018 | Published: 30 June 1993

About the author(s)

D. J. Bradfield, Department of Statistical Sciences, University of Cape Town, South Africa

Full Text:

PDF (465KB)

Abstract

The effects of various market conditions of the New York Stock Exchange (NYSE) on non-USA markets are investigated in this article. On the basis of an empirical investigation, evidence is presented which suggests that the influence of the NYSE on non-USA markets differs during different market conditions of the NYSE. For example, it was found that during declining market conditions on the NYSE the influence was greater on non-USA markets than during rising market conditions on the NYSE. A model designed to yield detailed risk statistics of individual non-USA securities was also implemented to investigate the impact of various market conditions of the NYSE.

Keywords

No related keywords in the metadata.

Metrics

Total abstract views: 1327
Total article views: 520


Crossref Citations

No related citations found.