التضخم و انعكاسه على العائد و المخاطرة

Abstract EN

The research dealt with the reflection of inflation on both the return and the risk in the financial market, specifically in the stock market.

This variable has been studied for its effect on the market value and not appearing at its actual value, which makes the evaluation process for both return and risk an inaccurate process.

Thus exposing investors and their portfolio investments to a high risk.

Thus, the reflection of inflation, the amount of the gap or the level of change in the market value has been highlighted to reach the degree of change in the valuation concerned.

research has achieved on research in applied his most important conclusions of the following: -1- That there is a significant difference in the value level of both return and risk between the discounted and undiscounted returns on the basis of the annual inflation rate (US stocks model).

2- The results after the discount is an important change must be taken into account by investors in the portfolio investment inaccurate results under the first variable.

The research also presented the most important recommendations: 1- work to adopt the rate of inflation in the process of deduction of capital returns of shares to show the actual value of these returns as a result of currency loss as part of its purchasing power as a result of inflation significantly.

2- focus on the process of the opponent concerned strongly in light of the economic instability that the risk is greater in light of the fluctuation in economic performance.