Price returns and trading volume changes in stock market
(EN)
an empirical analysis with quantile regressions
(EN)
Tziasios, Charalambos
(EL)
Πανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Διοικητικών Επιστημών. Τμήμα Οικονομικών Επιστημών
(EL)
Tziasios, Charalambos
(EL)
Σταυρακούδης, Αθανάσιος
(EL)
The present study examines the relationship between closing price returns and volume
changes in four firms which process and package meat.It is about a sample of
daily data which concern the period of November 2009 until October 2019. The
method that is used in order to analyze the data is quantile regression. The results
suggest that there is relationship between these two variables. In particular, according
to results, there is a stable but not extreme influence and correlation between
closing price returns and volume trade. At the same time, there is a co-movement
at the low and high quantiles of the dependent variable.
(EN)
