ABSTRACT
The share prices of the stock market are volatile in nature. Investors are at risk without an indepth
knowledge of the operations of the stock market. We used regression analysis to
ascertain the relationship between the movement of share prices and economic growth. A
regression model was developed to capture the effect of the movement of share prices in the
Nigerian stock exchange market on economic growth. Markov chain was used to find effect
of the share prices. The results show that in the long run the increase and decrease in the
share prices will become stable with probability of 0.665and 0.335 respectively.
MADUABUCHI, I (2021). Markov Chain And Stock Price Movement In Nigeria (1985-2013). Afribary. Retrieved from https://afribary.com/works/markov-chain-and-stock-price-movement-in-nigeria-1985-2013
MADUABUCHI, IROHA "Markov Chain And Stock Price Movement In Nigeria (1985-2013)" Afribary. Afribary, 15 May. 2021, https://afribary.com/works/markov-chain-and-stock-price-movement-in-nigeria-1985-2013. Accessed 03 May. 2024.
MADUABUCHI, IROHA . "Markov Chain And Stock Price Movement In Nigeria (1985-2013)". Afribary, Afribary, 15 May. 2021. Web. 03 May. 2024. < https://afribary.com/works/markov-chain-and-stock-price-movement-in-nigeria-1985-2013 >.
MADUABUCHI, IROHA . "Markov Chain And Stock Price Movement In Nigeria (1985-2013)" Afribary (2021). Accessed May 03, 2024. https://afribary.com/works/markov-chain-and-stock-price-movement-in-nigeria-1985-2013