Precenjenost finančnih trgov

diplomski projekt

Živa Perfeta (Author), Sebastjan Strašek (Mentor)

Abstract

V preteklosti smo bili priča številnim borznim zlomom, ki so prizadeli svetovna gospodarstva. Borzne zlome je skoraj gotovo mogoče pripisati poku borznega balona, ki ustvarja razmere, kjer večina vlagateljev poskuša istočasno izstopiti iz trga in posledično utrpi velike izgube. Mnogi strokovnjaki se ukvarjajo z napovedovanjem prihodnjega gibanja trenda na borznih trgih, kako napovedati prihajajoč borzni balon pa ostaja odprto vprašanje. Svetovni borzni indeksi so v zadnjih letih zabeležili visoke rasti in dosegali nove najvišje vrhove, tako se poraja vprašanje, ali so svetovni borzni indeksi trenutno precenjeni? V diplomskem projektu sem s pomočjo analize kazalnikov precenjenosti in podcenjenosti izbranih borznih indeksov, zgodovinskega dogajanja in mnenja strokovnjakov poskušala odgovoriti na to vprašanje. Vrednosti borznih indeksov in njihovih kazalnikov se nahajajo na rekordnih vrednostih in splošno prepričanje na trgu odraža precenjenost. Kljub temu lahko zaradi nizkih obrestnih mer in manj evforije na trgu trdimo, da so vrednosti trga razumne. Ali smo že v borznem balonu, se bo ta balon še naprej napihoval ali bo počil? Morda pa lahko pričakujemo samo korekcijo, ki bo stvari ponovno stabilizirala in bo trenutni borzni balon izginil brez strašnih posledic.

Keywords

finančni trg;delniški trg;delnice;borze;borzni zlom;borzni indeksi;borzni balon;

Data

Language:	Slovenian
Year of publishing:	2015
Typology:	2.11 - Undergraduate Thesis
Organization:	UM EPF - Faculty of Economics and Business
Publisher:	[Ž. Perfeta]
UDC:	336.76
COBISS:	12173596
Views:	1053
Downloads:	163
Average score:	0 (0 votes)
Metadata:

Other data

Secondary language:	English
Secondary title:	Bubbles on financial markets
Secondary abstract:	In the past, we have witnessed a number of stock market collapses that struck the global economy. Stock market crashes are almost certainly attributable to the bursting of the stock market bubble, which creates a situation where the majority of investors at the same time are trying to withdraw from the market and consequently suffers heavy losses. Many experts are engaged in forecasting of future trend movements in the stock markets, how to predict the upcoming stock market bubble remains an open question. World stock indices in recent years, recorded high growth and achieve new highest peaks, so here comes up the question whether are the current global stock indices overvalued? In the diploma project I tried to answer this question with the help of the indicators analysis of overestimation and underestimation of the selected stock market indices, historical events and the opinions of experts. The values of stock indices and their indicators are located at record highs and a general feeling in the market reflects the overvaluation. Nevertheless, due to low interest rates and less euphoria in the market we can assert that the market values are reasonable. Are we already in the stock market bubble, will these bubble continue to blow or will burst? Perhaps we can expect only a correction will stabilize the things again and the current stock market bubble will disappear without dire consequences.
Secondary keywords:	bubble market;stock market;stock index;overvalued;crash;
URN:	URN:SI:UM:
Type (COBISS):	Final seminar paper
Thesis comment:	Univ. v Mariboru, Ekonomsko-poslovna fak.
Pages:	II, 60 str.
ID:	8888921