Document Details

Document Type : Article In Journal 
Document Title :
The Possibility of Diversification Benefits in The Saudi Stock Market
إمكانية الاستفادة من التنويع الاستثماري في سوق الأسهم في المملكة العربية السعودية
 
Subject : Business Administration 
Document Language : Arabic 
Abstract : This study explores the existence of diversification benefits in the Saudi Stock Market and the impact of portfolio diversification in the reduction of portfolio risk. This research tests the hypothesis that there is no evidence of diversification benefits in the Saudi Stock Market. Weekly stock price data were collected, weekly returns and correlation coefficients among these returns were computed, the returns correlation show some significant low positive correlation and some high negative correlation coefficients among the returns. Risk reduction techniques using various diversification strategies were demonstrated. The results indicate that investment analysis is an important element in the construction and management of an investment portfolio. It was also shown that with proper diversification efficient portfolio can be constructed in the Saudi Stock Market. The results confirm the importance of portfolio analysis in the analysis in the asset allocation decision. 
ISSN : 1319-0997 
Journal Name : Economics and Administration Journal 
Volume : 2 
Issue Number : 1 
Publishing Year : 1409 AH
1989 AD 
Article Type : Article 
Added Date : Sunday, October 11, 2009 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
عدنان عبد الفتاح صوفيADNAN A. SOUFIResearcher  
غازي عبيد مدنيGHAZI U. MADANIResearcher  
ياسين عبد الرحمن جفريYASEEN A. JEFREYResearcher  

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