Interdisciplinary Journal of Applied and Basics Subjects

ISSN: 2583-052X

Interdisciplinary Journal of Applied and Basics Subjects
Home Archive Volume 2 - Issue 7 Multiple Regression Analysis of Nigeria Stock Exchange

Volume 2   Issue 7

Research Article

Multiple Regression Analysis of Nigeria Stock Exchange

Article Identifier: https://identifier.visnav.in/1.0002/ijabs-22h-05001/
Nigeria
Abstract

Ineffective application of effective planning in many organizations is the main reason for their inability to predict and make sound decisions, which leads to failure to achieve projected performance. This project examines the decision-making and planning process with the use of multiple regression analysis models to forecast the stock market activities of each sector listed on the Nigerian stock exchange by using the number of deals in shares and the number of shares in units to explain the strength of relationship and extent of the relationship between the value of a share in naira, i.e., market capitalization in stock for every listed trading on the Nigerian stock exchange market. This study was designed to give strategic managers practical suggestions for a better understanding of the forecast so that managers can plan their reactions effectively to enable better performance. The prime objective of this paper is to develop an operational research model that will assist investors, investment managers, and stockbrokers that participate in stock exchange trading to have an accurate forecast of trading activities on the Nigerian stock market. In the analysis part of this empirical study, which consists of an activity summary of the Nigerian stock exchange, a dynamic regression was used as an input data

Keywords: Regression Analysis, Stock Exchange, Trade, Data Analysis, Anova
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