A statistical approach to financial data

• Main Authors: Gulinao, Bernadette S., Ng, Huen Yee
• Format: text
• Language: English
• Published: Animo Repository 1991
• Subjects: Multivariate analysis; Financial statements; Statistical analysis, Multivariate
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/15955
• Institution: De La Salle University

Data on gross revenue, net sales, net income, earnings per share, tax provision, fixed asset, total asset, total liabilities and stock equity of two hundred eighty--nine top corporations of the Philippines for the year 1988 was used in this study to find out whether these variables can be reduced into a few underlying factos. The study used principal component analysis and factor analysis as the statistical means to find out how many factors can be used to represent the nine variables. Result show that two factors can be used to represent the variables. Factor 1 accounts for the profitability of the company while Factor 2 represents the profitability of the stockholder.