Fluctuations in Stock Market Prices: What went wrong, its Implications to Nigerian Economy?

Abstract

The Nigerian stock market recently witnessed a continuous drop in the All-Share Index and volume of traded securities. The stock market indices have moved far relative to their previous year's levels and banks and markets suddenly become clearly unstable or strained to the point where it may collapse. In order to forestall future happenings, this work therefore defines a method of training that provides a forecast of stock growth over a period of 52 weeks. The earnings per share, price earnings ratio and the closing prices are calculated. It is resolved that fluctuations can be averted if past knowledge is well studied and made active.