Companies from U.A.E stock markets

Select any three listed companies from U.A.E stock markets (Dubai Financial
Market and/or Abu Dhabi Stock Market). Compute the beta coefficient for these
three companies and find out whether these beta coefficients are stable or not. To
compute the beta coefficient, use monthly stock return data from January 1, 2010 to
August 31, 2018. Based on your results offer some advice to the portfolio
managers/investors who are interested in investing in these three companies.
Please note that students can work in groups (maximum 3 students per group).
Some details for the report:

  1. Provide some background information on the selected companies.
  2. Compute the beta coefficient for the three companies and interpret these
    values. (Note: to compute the beta coefficient make sure to select the
    appropriate stock market index. For instance, if the selected company is
    listed in Abu Dhabi Stock exchange then use the Abu Dhabi Stock market
    index as a benchmark/market index).
  3. Find out whether these beta values are stable or not.
  4. Based on your results in (3) offer some advice to the portfolio
    managers/investors who are interested in investing in these three companies.
  5. Your report must be in the business report format.
  6. In the appendix provide computer output (Eviews or EXCEL) of your
    results.
    Deadline for submitting a hard copy and a soft copy (via Turnitin) is week 13 (on
    Monday)
    Some useful websites and database to get the stock market data:
    http://marketstoday.net/en/
    http://www.gulfbase.com/
    http://www.ameinfo.com/financial_markets/
    http://www.amf.org.ae/
    http://finance.yahoo.com/
    http://www.dailystocks.com/
    http://www.valueline.com/ ;
    Thomson Reuter’s Database available in the UOWD Library
    And the website of respective stock exchange may provide stock price data.