Factors that affect investment in securities of Stock Exchange of Thailand

Abstract

Research  about  factors that affect investment in securities and the stock exchange  of  Thailand.  The purpose of the research is to study the factors that affect investment in securities and the stock exchange, Thailand.   A  research to find out the reason of the strategic relationship, the variables are independent variables, such as consumer price index.    The  inflation rate  , The exchange rate of the baht per dollar .  Index to private investment capital from abroad.    The ratio of the price per earning interest rate 3-month fixed deposit interest rate.   

Analysis showed that the independent variables include the IR EX PI ratios 3 CPI FIX Foreign entrants into the equation for the prediction variable for prediction based on variable (Y) (because the Sig. has less than the statistical significance level .05 level) and thus accepted hypothesis H1 (independent variables affecting investment in securities) and reject H0 hypothesis best independent variables constant and RP has not been selected as a prediction variable into the equation to predict variables by (Y) (because the Sig.  has more than statistical significance level at .05 level) and thus accept H0 hypothesis (the independent variable has no effect on investment in securities) and reject the hypothesis H1 and from equations to estimate coefficients of the independent variables results in research, found that the factors affecting investment in securities and the stock exchange, Thai. Based on the independent variables have coefficients in front of the sign is positive.   Shows whether the independent factors that have resulted in the same direction with the index Trading Foreign securities price/Million Baht (FI)  , the ratio of price to earnings per share closing price/net profit (Ratio), the private investment index (PI), the domestic consumer price index (CPI) 3-month time deposit interest rates (Fix3) statistical significance at the 95 per cent confidence level, factors that have resulted in the opposite direction, with the stock index and based on the coefficient in front of the independent variable has a negative sign, including the exchange rate of the baht per dollar . (EX)  Inflation rate (IR) the rate of interest in the market to buy back bonds 14/day (RP) test estimate by the statistics to see that R = .973 Shows that the independent variables in the model can describe the movement of the price index is a variable securities. percent of the decisions, and the coefficients 97.30 modified (Adj.R-Squared) has a value of the independent variable means .941 all models can explain the movement of the price index is a variable securities. percent remaining 94.10 5.90 per cent caused by other best value Durbin-Watson = .976 means the tolerances are in a positive direction and to work closer.   There are many great relationships.