{"title":"The value of financial information to make investment decisions in the Spanish stock market","authors":"R. Barberá Beltrán","doi":"10.46503/uyhb1869","DOIUrl":null,"url":null,"abstract":"This article studies the correlation between companies listed on the Spanish continuous market and a set of ratios and financial economic variables used to measure business performance. The goal is to explain the behavior of the prices of the shares of the Spanish continuous market and design a model that optimizes long-term investments. The returns are compared with those of the Ibex 35 and the Ibex Total Return and it is concluded that some ratios have more influence than others in the evolution of the price and that it is not possible to beat the market significantly.","PeriodicalId":438645,"journal":{"name":"Finance, Markets and Valuation","volume":"30 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance, Markets and Valuation","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.46503/uyhb1869","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
This article studies the correlation between companies listed on the Spanish continuous market and a set of ratios and financial economic variables used to measure business performance. The goal is to explain the behavior of the prices of the shares of the Spanish continuous market and design a model that optimizes long-term investments. The returns are compared with those of the Ibex 35 and the Ibex Total Return and it is concluded that some ratios have more influence than others in the evolution of the price and that it is not possible to beat the market significantly.