| Title |
Pasyvumo problemos tyrimas Baltijos šalių akcijų rinkose |
| Translation of Title |
Analysis of passivity in the Baltic equity market. |
| Authors |
Belovas, Igoris ; Kabašinskas, Audrius ; Sakalauskas, Leonidas |
| DOI |
10.15388/LMR.2006.30729 |
| Full Text |
|
| Is Part of |
Lietuvos matematikos rinkinys.. Vilnius : Matematikos ir informatikos institutas. 2006, T. 46, spec, nr, p. 289-294.. ISSN 0132-2818 |
| Keywords [eng] |
Zero returns of stock ; Stable laws ; Mixed distribution ; Goodness-of-fit ; Characteristic function method ; Market passivity |
| Abstract [eng] |
The Baltic States equity market is a challenge for investors and financial analysts. Unfortunately strong passivity is observed in "young" markets, therefore any (Gaussian, alfa-stable etc) distribution fitting tests (Anderson-Darling, Kolmogorov-Smirnov, etc.) are poorly applicable. Improvement based on mixed distributions is proposed and its adequacy in the Baltic States market is tested, In this paper we use Koutrouvelis goodness-of-fit test and modified x2 test. |
| Published |
Vilnius : Matematikos ir informatikos institutas |
| Type |
Journal article |
| Language |
Lithuanian |
| Publication date |
2006 |
| CC license |
|
