RISK OF SHARES LISTED ON THE WSE

The book "Risk of shares listed on the WSE" is an invaluable source of knowledge for anyone interested in the financial market and investments. The authors, Wiesław Dębski, Ewa Feder-Sempach, and Szymon Wójcik, present a comprehensive analysis of investment risk, focusing on the specifics of the Polish stock market. This is a practical guide that will help you understand how to measure and analyze risk in order to make more informed investment decisions.

• Detailed analysis of investment risk on the WSE
• Practical tips on measuring and assessing risk
• Use of the beta parameter in making investment decisions
• Studies on the stability and sensitivity of risk to market changes
• Results of studies on stock returns of 124 companies listed on the WSE
• Comparison with the German and French markets
• Essential knowledge for investment advisors and brokers

Measuring and analyzing investment risk plays a key role in making decisions in the financial market. They allow investors and portfolio managers to assess the effectiveness of investments and make comparative analyses between companies, industries, and countries. This book provides tools for assessing risk in both historical and future contexts, answering the question of whether past data can be the basis for forecasting the future.

The authors discuss in detail the essence of investment risk, explain the study of statistical properties of stock returns, and the essence of Sharpe's single-index model, which is used to estimate the beta parameter. This parameter is a fundamental tool in making investment decisions, and its stability and sensitivity are analyzed taking into account various factors such as the frequency of return measurement and the choice of stock index.

In the book, you will find the results of studies on stock returns of 124 companies listed on the Warsaw Stock Exchange in the last 10 years, taking into account daily, weekly, and monthly frequencies. In addition, the results of an empirical comparative analysis are presented in relation to the statistical properties of stock returns and studies on the stability of the beta parameter for the largest companies on the German, French, and Polish markets. This publication is not only a source of knowledge, but also a practical guide for students and professionals.

Wydawnictwo Naukowe PWN, known for its high-quality scientific publications, guarantees the reliability and timeliness of the information presented. This book is essential for people preparing for exams for investment advisors and brokers, as well as for stock market investors who want to deepen their knowledge of investment risk. The 238x169 mm format and paperback binding make it a convenient and practical tool for learning and working.