Performance of Textile and Apparel Companies Listed on the Warsaw Stock Exchange
Journal Title: Fibres and Textiles in Eastern Europe - Year 2018, Vol 26, Issue 6
Abstract
The article presents the performance of textile and apparel companies listed on the Polish stock exchange from the market perspective based on a sample of financial data. The data are used to compute systematic risk measures (betas) for two different time intervals, to evaluate the risk of an equally weighted portfolio made up of the selected companies and to compare the portfolio’s Sharpe ratio with the broad market index and small companies’ index. To compare the selected companies’ stocks with the whole economy and non-public companies, DuPont analysis is employed. The research results indicate that the listed textile and apparel companies outperform non-public companies in terms of fundamental financial results as well as capital market investment results. The risk of individual stocks is usually relatively low. Also the portfolio of the selected companies has been found to have better investment properties compared with the general market and small stocks index in all years of analysis.<br/><br/>
Authors and Affiliations
Jerzy Gajdka, Tomasz Schabek
Keywords
Related Articles
- EP ID EP386999
- DOI 10.5604/01.3001.0012.5161
- Views 124
- Downloads 0
Preliminary Investigation into the Antimicrobial Activity of an Electrospun Polyamide Nanofibrous Web with Micro Particles of Baltic Amber
Antimicrobial textile is a very important field for new investigations. The two aspects need be taken into account at the time of such investigations into the protection of the textile itself from damage caused by microo...
Opracowanie metody tkania dla wytworzenia przestrzennych dwuwarstwowych innowacyjnych struktur lnianych tkanin
W artykule opisano wprowadzenie i wyczerpującą analizę dwóch metod tkania przeznaczonych dla tkania lnianych tkanin o innowacyjnej strukturze przy zastosowaniu nowoczesnych skomputeryzowanych krosien różnego typu. Przewi...
Wpływ wody w procesie wytwarzania folii celulozowej z roztworów cieczy jonowej
W artykule przedstawiono wpływ wody w poszczególnych etapach procesu formowania folii celulozowej z roztworów cieczy jonowej. Omówiono proces rozpuszczania celulozy, wpływ zestalania i suszenia na właściwości mechaniczn...
Modelling of Textile Composite Adapted for Roof Structure
3D structural components made of fibrous composite materials subjected to service loading are analysed. The laminate consists of a matrix reinforced with a ply of long and unidirectional fibres. Participation of the fibr...
LMPP Effects on Morphology, Crystallization, Thermal and Mechanical Properties of iPP/LMPP Blend Fibres
The thermal properties and morphological characterisation of isotactic polypropylene (iPP) homopolymer and its blends with low molecular low modulus polypropylene (LMPP) were studied. Firstly blends were prepared with va...