To Understand the Movement of NYSE and NASQAD Market Index Towards the Shift in the Trading Volume of Investors

Abstract

The purpose of this current study is to understand the relationship on the movement between the NYSE and NASQAD marker index towards the shift in the trading volume of investors in the stock market exchange of NYSE and NASQAD. The previous study provides the suggestion that the movement of the market index and stock price share the positive correlation against the investor’s behavioural on the trading activities as the higher and lower trading activities are being affected by the confidence in the market. The high growing of the market is expected to deliver higher expectations of the investors driving the higher trade in the stock market exchange. The quantitative study had been conducted with reference to the historical data from 2001 to 2022 where the monthly data had provided the understanding on the past pattern and trend for the data input will be used to generate the correlation analysis and regression analysis for the findings of the study. The outcome had suggested the lack of evidence to point out the similar findings as suggested from the previous study where there is no relevant positive correlation and relationship identified between the market index of NYSE and NASQAD against the trading volume for the stock exchange market. Therefore, the study had been concluded as not significant rejecting the initial hypothesis as drawn from the literature review of the study. The conclusion of study provides the relevance suggestion for the potential future research to be explored to expand the academic research study.