Indicadores econômico-financeiros e o retorno das ações de empresas listadas na B3

This research aims to analyze the correlation between economic and financial indicators and the return of shares of companies listed on B3, from 2007 to 2016. The research method is quantitative and has a sample of 56 companies. The results show that, after analyzing 2072 coefficients, 456 of them showed a strong correlation with stock returns, and 44 of them showed a very strong correlation. There was a weak correlation between individual indicators and stock prices. After analyzing the coefficients that showed a strong correlation, the most representative group of indicators was the group of indebtedness. In the group of coefficients with very strong correlation, the more expressive group of indicators was the profitability. Finally, the hypotheses test through statistics allowed to infer the existence of variation between each category of indicators and the price of shares.