Zhodnocení vlivu vybraných faktorů na výnosnost podílových fondů

Abstract

Master thesis is focused on quantities which influence stock mutual fund performance between 2006 and 2016. There are also enquired relations between stock mutual fund performance and these quantities. Target of the master thesis is to evaluate impact of selected factors on mutual fund performance in Czech republic. In master thesis are used public available data of which model is chosen for econometrical analyse. Independent variables are stock indices, average bond mutual fund performance and inflation rate. There are utilized methods as linear regression, graphs and statistical tets. Although model is limited due to occurrence of heteroskedasticity, it was discovered that stock mutual fund performance is affected by bond mutual fund performance, inflation rate and indices PX Globe and Dow Jones Industrial Average. There is proved significant linear association between other stock indices and stock mutual fund performance.