Estimation of Top 5 electronics company's stock return

Abstract

Nowadays the consumer electronics market has been booming with nearly 23.2%

yearly growth rate of sales (FMI (Future market insights), 2018). It is extremely competitive.

In this market, Hitachi, Samsung, Sony, Panasonic, LG are the most well-known stocks,

which are traded competitively on the market.

It is extremely competitive. In this market, Hitachi Ltd., Samsung Electronics Co., Ltd.,

Sony Corporation, Panasonic Corporation, LG Inc. are the most well-known stocks, which

are traded competitively on the market. Many investors are monitoring these stocks and their

competitors daily. Analyzing and forecasting of these stocks could give some ideas about

historic, current, and future market value of those stocks to investors and to researchers for

the consumer electronics markets and the market's direction. Therefore, it was considered a

reasonable topic for this bachelor thesis. The thesis will focus on analyzing the stocks with

the time series analysis methods. It is planned to be mostly quantitative by using EViews for

time series analysis. Additionally, all the methods used will be explained in the methodology

part. The methodology goes very basic and in literature review all the methods and necessary

terms and jargon will be explained. Therefore, this study could be understood by any

individual with no finance knowledge. For instance, a potential investor with capital but

lacking financial information. Therefore, this thesis can be seen as a handbook for a starting

investor, which would be another purpose of this thesis. The study will answer if there is an

increasing trend on the consumer electronics market and if this could be explained by time

series data. As mentioned, main financial terms and topics to understand how to use time

series analysis and assessing volatility will be explained. Stock data from Yahoo Finance

will be used. The calculations will mainly be done through Microsoft Excel.