Price/profit rate: An application in "İMKB"

iiiABSTRACTPRICE / PROFIT RATE: AN APPLICATION IN ?IMKB?Çetin BA ARIMaster ThesisDepartment of BusinessSupervisor: Asst. Prof. Dr. Sadık ÇUKURJuly 2005, 116 PageInvestors encounter with two kind of problems, in like all stocks and bonds,while investment of share certificates. First of them is making decision of investmentto which share certificate and second one is making decision of when the investmentwill done. It can be decided to invest which share certificate by analyzing itscharacteristics, risk and profits against this risk. The second problem, choosing theinvestment time, is estimating lowest price while buying share certificate and highestprice while selling it.The saving owners whose aim is to make right estimation, have improvedevaluating methods or different approaching ways for helping in investment whichshare certificate and at what time they will buy and sell these share certificates.In our thesis, these evaluating methods and approaching ways have beentried to explain. The share certificates, active in between January 1992 and June2004, have been investigated and the calculation of their price / profit rate dependingon their average price / profit rate of market as a variable has been assumed. Finally,a model has been tried to improve depending on this assumption by means ofregression analysis.