تقدير عائد و مخاطرة أسهم الفلس و إمكانية الاستثمار فيها : دراسة تطبيقية لعينة من الشركات المدرجة في بورصة عمان للفترة 2013-2017

Abstract EN

This research deals with the subject of the Penny Stock through a number of objectives, the most important of which are the intellectual and theoretical contribution to the subject of the Penny Stock and the mechanism of its work in the market, and highlight on the reality of the Amman Stock Exchange by selecting low-priced stocks that provide the best return on a large degree of risk, To enhance the movement of funds and investments to companies, And then a statement the most important advantages and disadvantages, either in the practical side aims to use the method of analysis for the purpose of reaching scientific facts that estimate the return and risk of Penny Stock in the companies listed on the Amman Stock Exchange and the possibility of adoption in the future, The duration of research five years from 2013 - 2017 as a researcher chose a sample of reality for the annual Views (10) companies listed on the Amman Stock Exchange.

The research found a number of conclusions, the most important of which is that the Penny Stock are characterized by high rate of return that exceeds the return of the market portfolio, and that these shares are not suitable for the investor who is concerned in the first place because it is characterized by high risk.

The researcher also recommends investors in the world in general and investors in the Amman Stock Exchange in particular not to risk buying cheap shares because the Amman Stock Exchange is not a developed financial markets and is dangerous and that the value of the stock market does not reflect the real value in the Penny Stock, And investment orientation Penny Stock When the beta coefficient is less than one true.