Analysis of stock price movement on Malaysian banking sector: using canslim method / Cyreenna Anak Jampi

Bank is an important part for the financial systems stabilization. It plays a big role in the growth of our country's economy, it helps the now of money in the economy and secures the money supplies are set apart and given out towards growth and the development of financial. People especially i...

Full description

Bibliographic Details
Main Author:	Anak Jampi, Cyreenna
Format:	Student Project
Language:	English
Published:	Faculty of Business and Management 2018
Subjects:	Bank stocks. Banking as an investment
Online Access:	http://ir.uitm.edu.my/id/eprint/28634/ http://ir.uitm.edu.my/id/eprint/28634/1/PPb_CYREENA%20ANAK%20JAMPI%20BM%20J%2018_5.pdf

id	uitm-28634
recordtype	eprints
spelling	uitm-286342020-03-09T06:35:30Z http://ir.uitm.edu.my/id/eprint/28634/ Analysis of stock price movement on Malaysian banking sector: using canslim method / Cyreenna Anak Jampi Anak Jampi, Cyreenna Bank stocks. Banking as an investment Bank is an important part for the financial systems stabilization. It plays a big role in the growth of our country's economy, it helps the now of money in the economy and secures the money supplies are set apart and given out towards growth and the development of financial. People especially investors have been encouraged by the banking activities toward investment which in turn is a part of economy growth. The theory of high-risk high return are the basic investing strategy that is used by most investors. An investing strategy named CANSLIM has been introduced in the 1950s. It was developed by William J. O'neil. An American stock research and Investor's Business Daily founder. CANSLIM is a growth stock investing strategy that combines both technical analysis and fundamental anal ysis. This strategy requires selecting stocks based upon seven criterions. CANSLIM stands for current earnings growth, annual earnings growth, new catalyst and new high, supply and demand, leader or laggard, institutional sponsorship, and market direction. Each of these stocks is analyzed with respect to these criteria to determine if it is likely to perform well. This techno-fundamental strategy helps pick quality stocks. This strategy focuses on companies that show acceleration in earnings because of innovation and suggests buying them before the stock price witnesses a major spike- The aim of this study is to identify the relationship between CANSLIM method towards stock price movement and Which factor affect the most towards stock price movement. The data are collected from year 2007 to 2010 on quarterly and annually basis. Stock prices of 10 selected banks; Maybank, CIMB Group Holdings, Public Bank, RHB Bank, Hong Leong Financial Group, AmBank Group, Hong Leong Bank Berhad, BIMB Holdings Berhad, Alliance Bank and Kenanga Investment Bank Berhad are used as dependent variable whereby current earnings growth, annual earnings growth, new products, new services, new management, new price highs, supply and demand. leader or laggard, institutional sponsorship, and market direction are used as the independent variables. The data will be analysed using panel data analysis and performance ranking model. The result from this study will share which stocks of the banks that have better performance in order to help investors in their investment strategy. Faculty of Business and Management 2018 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/28634/1/PPb_CYREENA%20ANAK%20JAMPI%20BM%20J%2018_5.pdf Anak Jampi, Cyreenna (2018) Analysis of stock price movement on Malaysian banking sector: using canslim method / Cyreenna Anak Jampi. [Student Project] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Bank stocks. Banking as an investment
spellingShingle	Bank stocks. Banking as an investment Anak Jampi, Cyreenna Analysis of stock price movement on Malaysian banking sector: using canslim method / Cyreenna Anak Jampi
description	Bank is an important part for the financial systems stabilization. It plays a big role in the growth of our country's economy, it helps the now of money in the economy and secures the money supplies are set apart and given out towards growth and the development of financial. People especially investors have been encouraged by the banking activities toward investment which in turn is a part of economy growth. The theory of high-risk high return are the basic investing strategy that is used by most investors. An investing strategy named CANSLIM has been introduced in the 1950s. It was developed by William J. O'neil. An American stock research and Investor's Business Daily founder. CANSLIM is a growth stock investing strategy that combines both technical analysis and fundamental anal ysis. This strategy requires selecting stocks based upon seven criterions. CANSLIM stands for current earnings growth, annual earnings growth, new catalyst and new high, supply and demand, leader or laggard, institutional sponsorship, and market direction. Each of these stocks is analyzed with respect to these criteria to determine if it is likely to perform well. This techno-fundamental strategy helps pick quality stocks. This strategy focuses on companies that show acceleration in earnings because of innovation and suggests buying them before the stock price witnesses a major spike- The aim of this study is to identify the relationship between CANSLIM method towards stock price movement and Which factor affect the most towards stock price movement. The data are collected from year 2007 to 2010 on quarterly and annually basis. Stock prices of 10 selected banks; Maybank, CIMB Group Holdings, Public Bank, RHB Bank, Hong Leong Financial Group, AmBank Group, Hong Leong Bank Berhad, BIMB Holdings Berhad, Alliance Bank and Kenanga Investment Bank Berhad are used as dependent variable whereby current earnings growth, annual earnings growth, new products, new services, new management, new price highs, supply and demand. leader or laggard, institutional sponsorship, and market direction are used as the independent variables. The data will be analysed using panel data analysis and performance ranking model. The result from this study will share which stocks of the banks that have better performance in order to help investors in their investment strategy.
format	Student Project
author	Anak Jampi, Cyreenna
author_facet	Anak Jampi, Cyreenna
author_sort	Anak Jampi, Cyreenna
title	Analysis of stock price movement on Malaysian banking sector: using canslim method / Cyreenna Anak Jampi
title_short	Analysis of stock price movement on Malaysian banking sector: using canslim method / Cyreenna Anak Jampi
title_full	Analysis of stock price movement on Malaysian banking sector: using canslim method / Cyreenna Anak Jampi
title_fullStr	Analysis of stock price movement on Malaysian banking sector: using canslim method / Cyreenna Anak Jampi
title_full_unstemmed	Analysis of stock price movement on Malaysian banking sector: using canslim method / Cyreenna Anak Jampi
title_sort	analysis of stock price movement on malaysian banking sector: using canslim method / cyreenna anak jampi
publisher	Faculty of Business and Management
publishDate	2018
url	http://ir.uitm.edu.my/id/eprint/28634/ http://ir.uitm.edu.my/id/eprint/28634/1/PPb_CYREENA%20ANAK%20JAMPI%20BM%20J%2018_5.pdf
first_indexed	2023-09-18T23:20:38Z
last_indexed	2023-09-18T23:20:38Z
_version_	1777419407795945472

Analysis of stock price movement on Malaysian banking sector: using canslim method / Cyreenna Anak Jampi

Similar Items