Impact of Liquidity and Volatility on Stock Market Returns in Nigeria

Given the need for foreign investment, the level of technology, deepening of financial markets, globalization and the implications of a financial crisis at the global stage there is need for expanding the frontiers in the current knowledge and seeking a better and more enduring understanding of market failures, risk and return. Adequate knowledge about the volatility, performance and efficiency of stock returns remains vital and essential information to investors. This book will guide not only investment decisions but also planning for economic growth and development. Given that the Nigerian Stock Exchange has existed, its ability to generate confidence like many emerging markets is vital to investors. It was against the forgoing that this study examined the impact on stock market returns of liquidity and volatility in the Nigerian Stock market.

Autorentext

Dr. John Okey Onoh teaches courses in Finance at Abia State University, Uturu in Nigeria. Dr. Onoh's research interests has financial markets and risk/return analysis as the main focus. He believes that more international collaboration is needed to model risk and return by applying new quantitative approaches in studying markets.