Factors Affecting the Stock Return: In Case of Study Technology Industry Sector

Authors

  • Pattama komenjumrus School of Business Administration Sripatum University, Bangkok, Thailand
  • Supawadee Hamanee School of Business Administration Sripatum University, Bangkok, Thailand

Keywords:

Return, Securities, Technology

Abstract

The objective of this study is to examine the relationship between factors influencing stock returns in the technology industry, classified by market capitalization into three groups: small-cap, mid-cap, and large-cap securities. The study covers the period from January 2021 to December 2024. The findings indicate that the market return is positively correlated by 100% with the returns of securities in the technology industry across all three categories: small-cap, mid-cap, and large-cap securities. In addition, it was found that the return of the Dow Jones index and exchange rates have a greater impact on the stock returns of large-cap technology securities than on those of small-cap and mid-cap securities.

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Published

2025-04-30

Issue

Section

Original Articles