Market segmentation and factors affecting stock returns on the JSE

dc.contributor.advisor	Kotze, Danelle
dc.contributor.author	Chimanga, Artwell S.
dc.date.accessioned	2014-09-18T09:19:21Z
dc.date.available	2014-09-18T09:19:21Z
dc.date.issued	2008
dc.identifier.uri	http://hdl.handle.net/11394/3673
dc.description	>Magister Scientiae - MSc	en_US
dc.description.abstract	This study examines the relationship between stock returns and market segmentation. Monthly returns of stocks listed on the JSE from 1997-2007 are analysed using mostly the analytic factor and cluster analysis techniques. Evidence supporting the use of multi-index models in explaining the return generating process on the JSE is found. The results provide additional support for Van Rensburg (1997)'s hypothesis on market segmentation on the JSE.	en_US
dc.language.iso	en	en_US
dc.subject	Market-Segmentation	en_US
dc.subject	Principal components	en_US
dc.subject	Cluster analysis	en_US
dc.subject	Multifactor models	en_US
dc.subject	Co-variances	en_US
dc.subject	Abitrage pricing theory	en_US
dc.subject	Sector indices	en_US
dc.subject	JSE	en_US
dc.title	Market segmentation and factors affecting stock returns on the JSE	en_US
dc.rights.holder	uwc	en_US