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Rentability and risk in trading financial titles on the Romanian capital market

Nicolae Balteș and Alexandra-Gabriela-Maria Dragoe
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Nicolae Balteș: “Lucian Blaga” University, Sibiu, Romania
Alexandra-Gabriela-Maria Dragoe: “Lucian Blaga” University, Sibiu, Romania

Theoretical and Applied Economics, 2017, vol. XXIV, issue Special, 57-64

Abstract: The paper presents the correlation between the shares rentability and the capital market rentability, for 33 companies from the manufacturing industry in Romania, listed on the Bucharest Stock Exchange, during a period of six months, through the Capital Asset Pricing Model (CAPM), in order to establish how they are assessed on the capital market. The research demonstrated that during the period 01.01.2016-30.06.2016, excepting the shares of MECANICA CEAHLĂU (MECF) company, the titles of the rest of the studied companies are overvalued, being recommended to sell them, in order to decrease their market price and increase their efficiency.

Keywords: rentability; risk; volatility; portfolio; security market line. (search for similar items in EconPapers)
Date: 2017
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