STOCKS AND BONDS CORRELATION IN BULGARIA SINCE 2001

Petko Iliev Valkov

Choose language

Economy & Business, Volume 10, 2016

STOCKS AND BONDS CORRELATION IN BULGARIA SINCE 2001

Petko Iliev Valkov

Pages: 359-365
Published: 28 Aug 2016
Views: 719
Downloads: 236

Abstract: The correlation between the two main investment asset classes of shares and government securities is an important component in the portfolio management investment analysis. The prices of shares and government bonds are influenced by a number of fundamental factors that define the magnitude and the shift of the correlation coefficient.

Keywords: correlation, stock market, yield on government bonds, fundamental factors, risk premium

© 2018 The Author(s). This is an open access article distributed under the terms of the Creative Commons Attribution License http://creativecommons.org/licenses/by/3.0/, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. This permission does not cover any third party copyrighted material which may appear in the work requested.

Download full text

Back to the contents of the volume