A factor analysis of equity market relationships in Asia

@inproceedings{Naughton1996AFA,
  title={A factor analysis of equity market relationships in Asia},
  author={Tony Naughton},
  year={1996}
}
The equity markets of the Asian region have become a focus of attention for academic researchers interested in identifying return relationships and potential diversification benefits for international investors. In this paper, equity-return relationships are investigated for selected Asian and developed country markets. The traditional equity return correlation matrix is extended to a factor analysis to identify relationships in terms of groupings. The results indicate the existence of a… CONTINUE READING

Citations

Publications citing this paper.