Issue: Số 22 - Tháng 10- 2024Tài chính - Ngân hàng - Bảo hiểm
A study on the impact of liquidity on stock returns for companies listed on the Ho Chi Minh Stock Exchange
Published: July 29, 2026
Abstract
This study examines the impact of liquidity on stock returns for companies listed on the Ho Chi Minh Stock Exchange from 2018 to 2023. Utilizing the Fama-French three-factor model augmented by a liquidity factor, the study employs OLS regression analysis across portfolio groups. The findings reveal a significant negative correlation between liquidity and stock returns, offering valuable insights for investors and market participants seeking to understand the dynamics of liquidity and its influence on equity performance.
Keywords
liquiditystock returnsstockstock market
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