alexa Abstract | Attitude of Pakistan’s Individual Investor towards Risk during Bull and Bear Markets
E-ISSN: 2223-5833

Arabian Journal of Business and Management Review
Open Access

OMICS International organises 3000+ Global Conferenceseries Events every year across USA, Europe & Asia with support from 1000 more scientific Societies and Publishes 700+ Open Access Journals which contains over 50000 eminent personalities, reputed scientists as editorial board members.

Open Access Journals gaining more Readers and Citations

700 Journals and 15,000,000 Readers Each Journal is getting 25,000+ Readers

This Readership is 10 times more when compared to other Subscription Journals (Source: Google Analytics)

Research Article Open Access

Abstract

The prime objective of this study is to analysis the individual behavior in both bull and bear markets of Pakistan. In this paper, we have examined the preferences, attitude towards risk and varying market condition. We have taken the data of 100 companies from various sectors. For this purpose the data of four years have been collected. Empirical evidences have shown that we have used the abnormal returns, volatility and systematic risk for the purpose of measure of risk. Due to various behavior biases, the overall individual behaviors are the different. This study is showing that bull and bear behaviors are associated with the Book to market valuation. We are also trying to show that overconfidence has impact on the investment decision. The objectives of this study are 1) To analyze the individuals behavior in the different market condition. 2) In the Bull and Bear market individuals towards risk. 3) impact of overconfidence on the different market situation. This study is the related to bull and bear market of Pakistan. It is limited till four years. In 2007 Karachi stock exchange was high growth it was reached till 14075.84 and with annual return of 33.54%. There have observed the significant effect of overconfidence on the risk attitudes. Our studies have taken the stock market of Karachi. Our study is showing very clearly that investor’s behaviors are different in both markets.

To read the full article Peer-reviewed Article PDF image | Peer-reviewed Full Article image

Author(s): Khakan Najaf, Rabia Najaf and Shumraiz Ashraf

Keywords

Karachi stock exchange, Risk, Abnormal return, Systematic risk, General finance, HRM, Microfinance, Multinational finance, Business Research, Corporate governance system, Financial Management services, Managerial accounting, Health Management, Logistics management , Entrepreneurship , CRM, BCM, Risk management

Share This Page

Additional Info

Loading
Loading Please wait..
 
 
 
Peer Reviewed Journals
 
Make the best use of Scientific Research and information from our 700 + peer reviewed, Open Access Journals
International Conferences 2017-18
 
Meet Inspiring Speakers and Experts at our 3000+ Global Annual Meetings

Contact Us

 
© 2008-2017 OMICS International - Open Access Publisher. Best viewed in Mozilla Firefox | Google Chrome | Above IE 7.0 version
adwords