Komparace vybraných akciových indexů

Abstract

This bachelor thesis is devoted to the comparison of selected stock indexes. The aim of bachelor thesis is to evaluate selected stock indexes by profitability and risk criteria, then perform correlation analysis for the stock indexes and determine their correlation. For bachelor thesis were selected indexes DJIA, S&P 500, Bovespa, DAX, FTSE 100, PX, the Nikkei 225, HSI, S&P/ASX 200, EGX 30. The highest profitability reached index EGX 30, the lowest profitability had index FTSE 100. The highest risk was associated with index EGX 30 and was thus proved that with higher profitability is associated higher risk. The lowest risk was associated with the index S&P/ASX 200. Correlation analysis showed that the selected stock indexes, there is a positive correlation. The strongest correlation was between the indices DJIA and S&P 500, the weakest correlation was between the DJIA and indexes EGX 30. Results of correlation analysis showed that the selected stock indexes is not appropriate to create a portfolio.