Directed network of Shariah-compliant stock in Bursa Malaysia

Autor:	Fatimah Abdul Razak, Muhammad Hasannudin Musa
Rok vydání:	2021
Předmět:	Finance History business.industry Computer science business Stock (geology) Computer Science Applications Education
Zdroj:	Journal of Physics: Conference Series. 1988:012019
ISSN:	1742-6596 1742-6588
DOI:	10.1088/1742-6596/1988/1/012019
Popis:	Stock network is a type of financial network based on stock price data used for analysing stock market dynamics. In this paper, a directed stock network is developed. This model was built using 480 shariah-compliant stocks traded in Bursa Malaysia from the year 2016 until 2018. Transfer Entropy was used as a measuring tool to build the stock network. Different networks are built and evaluated using network analysis methods. To determine the important stocks in the networks, centrality measures are applied such as degree centrality. The findings showed that Borneo Oil Berhad (BRNL) is the most influential and important stock among the 480 shariah-compliant stock in the Bursa Malaysia.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::8238b18a6b1136b6f50668bf42fbd254 https://doi.org/10.1088/1742-6596/1988/1/012019 Zobrazit plný text záznamu