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MFIN6201 the Stock Price of Qantas Airways Ltd
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MFIN6201 the Stock Price of Qantas Airways Ltd

MFIN6201 - Empirical Techniques & Applications in Finance

12 Pages University of New South Wales Essay / Project Year Uploaded: 2016

In our study, we have built two models by using daily data and monthly data. All of the data in daily basis was taken in the period from January 1st 2013 to May 31th 2016, while the data in monthly basis was obtained by taking the average of the data in daily basis for each month in the period from January 1st 2009 to May 31th 2016. Ordinary least square (OLS) regression methods have been used in this study. As it is found that the heteroskedasticity of the sample, which will be discussed in the next part (empirical results), the robust standard errors have been used. Our core model is shown as below:

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