Posouzení vztahu mezi akciovými indexy a vybranými makroekonomickými ukazateli

Abstract

The aim of this diploma thesis is to evaluate the relationship between the selected stock indices and macroeconomic indicators using econometric analysis focused on regression and correlation analysis. The theoretical part is devoted to the characteristics of stock markets, stock indices, the theoretical assumptions of the relationship between share prices and macroeconomic indicators and econometric modelling process. Within the application part there are presented the results of econometric analysis divided by results of time series analysis, within which are also presented the estimated linear regression models, and then by the results of statistical and econometric verification. The results are summarized and interpreted in the economic verification. The IBM SPSS Statistics 24 and MS Excel are used for calculations in the thesis.