Facteurs fondamentaux affectant le cours de l'action des sociétés de services de traitement électronique des données (EDP)
preuves américaines
DOI :
https://doi.org/10.59051/joaf.v14i1.606Mots-clés :
NASDAQ, EDP services, Technology Company, Return on assets, Return on equity, Earnings per shareRésumé
Objectif - Cet article vise à analyser l'impact des facteurs fondamentaux sur le cours de l'action des sociétés de services informatiques (EDP) de taille moyenne cotées à la bourse NASDAQ au cours de la période allant de 2016 à 2020.
Conception/méthodologie/approche - Les auteurs utilisent des outils statistiques tels que les corrélations de Pearson, le test de multicolinéarité, le test d'autocorrélation, l'ANOVA, l'analyse de régression multiple, la normalité, l'hétéroscédasticité. En outre, en utilisant l'analyse des ratios, les ratios financiers/facteurs fondamentaux, y compris la taille de l'entreprise, le rendement des capitaux propres, le taux de rotation des actifs, le ratio actuel, la marge bénéficiaire nette, le ratio d'endettement, le rendement des actifs, le bénéfice par action et la trésorerie d'exploitation rapport de débit, ont été sélectionnés pour l'étude.
Résultats - Les résultats de l'analyse de régression multiple indiquent que le taux de rotation des actifs et la taille de l'entreprise ont un impact significatif négatif tandis que le bénéfice par action a un impact significatif positif. De plus, le ratio d'endettement a un impact positif non significatif alors que le ratio actuel, la marge bénéficiaire nette, le rendement des actifs, le rendement des capitaux propres et le ratio de flux de trésorerie d'exploitation ont un impact négatif non significatif sur le cours de l'action des sociétés expérimentées. En outre, la valeur R au carré montre que le cours de l'action est influencé à 59 % par les facteurs fondamentaux sélectionnés et l'ANOVA illustre que ces facteurs ont un impact significatif combiné sur le cours de l'action.
Originalité/valeur - L'étude est l'une des rares à analyser l'influence des facteurs fondamentaux internes sur le cours de l'action des sociétés de services informatiques (EDP) cotées au NASDAQ sur la période 2016-2020.
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