ANALYSIS OF EQUITY MARKETS: A SPEARMAN RANK CORRELATION COEFFICIENT APPROACH

Persistent Link:
http://hdl.handle.net/10150/612636
Title:
ANALYSIS OF EQUITY MARKETS: A SPEARMAN RANK CORRELATION COEFFICIENT APPROACH
Author:
CHEN, ZHAOREN
Issue Date:
2016
Publisher:
The University of Arizona.
Rights:
Copyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.
Abstract:
In this honors thesis, I attempted to develop an investment strategy to analyze the U.S. stock market by studying the correlations between nine sectors defined by the Select Sector Standard & Poor’s Depository Receipts (SPDR). These funds are a group of exchange-traded funds (ETFs) which are traded worldwide and can adequately represent the performance of the sectors. Through my method, I hope to identify the sector trends in the future by evaluating the sector ETF’s most recent short-term period data. This analysis will provide an alternate investment method for investors to avoid short-term investment risk as well as explanations of why I think the approach may not be valid.
Type:
text; Electronic Thesis
Degree Name:
B.S.
Degree Level:
Bachelors
Degree Program:
Honors College; Finance
Degree Grantor:
University of Arizona
Advisor:
Singh, Arvind

Full metadata record

DC FieldValue Language
dc.language.isoen_USen
dc.titleANALYSIS OF EQUITY MARKETS: A SPEARMAN RANK CORRELATION COEFFICIENT APPROACHen_US
dc.creatorCHEN, ZHAORENen
dc.contributor.authorCHEN, ZHAORENen
dc.date.issued2016-
dc.publisherThe University of Arizona.en
dc.rightsCopyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.en
dc.description.abstractIn this honors thesis, I attempted to develop an investment strategy to analyze the U.S. stock market by studying the correlations between nine sectors defined by the Select Sector Standard & Poor’s Depository Receipts (SPDR). These funds are a group of exchange-traded funds (ETFs) which are traded worldwide and can adequately represent the performance of the sectors. Through my method, I hope to identify the sector trends in the future by evaluating the sector ETF’s most recent short-term period data. This analysis will provide an alternate investment method for investors to avoid short-term investment risk as well as explanations of why I think the approach may not be valid.en
dc.typetexten
dc.typeElectronic Thesisen
thesis.degree.nameB.S.en
thesis.degree.levelBachelorsen
thesis.degree.disciplineHonors Collegeen
thesis.degree.disciplineFinanceen
thesis.degree.grantorUniversity of Arizonaen
dc.contributor.advisorSingh, Arvinden
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