Shoaib Shafiq

Stock Price Volatility: a Case of Oil and Gas Sector of Pakistan Shoaib Shafiq

Stock prices fluctuation has always been the crucial topic in the field of financial research. Various researchers around the world present their theories, model to make clarification about the determinants of stock prices. There are some models and theories efficient with regard to stock price determination, but the reliability of the model working in one market may not be the same in other market of the world. Most of the studies regarding the stock price volatility were conducted in context of advance countries so there is need to test the predictability power of models in context of developing countries like Pakistan. This book provides evidence with regard to the factors effecting the stock prices in oil and gas sector of Pakistan along with applicability of the famous model of Baskin and certain control variables suggested by the researchers around the world. This study also highlighted the importance of industry consideration in the stock price volatility analysis.