An Analysis of the Volatility of US Defense Stocks Using Bollinger Bands
The existence of a relationship between stock market fluctuations and the economy of the state, country or region may be interrelated to each other in one way or the other. This paper is an effort to understand the fluctuations or volatility in US defense stocks given the growth of the US defense se...
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Published in | The ICFAI journal of financial risk management Vol. 19; no. 4; pp. 5 - 14 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Hyderabad
IUP Publications
01.12.2022
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Subjects | |
Online Access | Get full text |
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Summary: | The existence of a relationship between stock market fluctuations and the economy of the state, country or region may be interrelated to each other in one way or the other. This paper is an effort to understand the fluctuations or volatility in US defense stocks given the growth of the US defense sector in recent times. Five major companies were included in the study: Lockheed Martin Group, Northrop Grumman Corp., Raytheon Technologies, Axon Enterprise Inc., and HEICO Corp. The study was conducted for a period of approximately one year, i.e., from December 30, 2021, to December 30, 2022 (253 days of stock trading). Volatility testing of these stocks revealed that the stocks were less volatile and more stable, which further strengthened the US defense sector. |
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ISSN: | 0972-916X |