Abstract
In the literature, the beta factor is regarded as a risk measure. It is calculated using the classic Sharpe model. The purpose of the paper is to examine the relationship between the beta coefficient and the fundamental strength index (FPI) for selected companies listed on the Warsaw Stock Exchange. The database of companies included in the survey consisted of companies included in the WIG20 stock exchange index at the end of 2006 and 2010. On that basis, it was established whether the beta coefficient affects the economic and financial standing of a company and should be used as a risk measure in stock exchange analyses. The study covered the years 2006–2010 on a quarterly basis and used economic and financial data published by Notoria Service.
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Tarczyński, W., Tarczyńska-Łuniewska, M. (2019). Beta Coefficient and Fundamental Strength in Companies Listed on the Warsaw Stock Exchange. In: Tarczyński, W., Nermend, K. (eds) Effective Investments on Capital Markets. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-21274-2_17
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DOI: https://doi.org/10.1007/978-3-030-21274-2_17
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