The attractiveness of the stock for investment according to the perspective of the local and international investment market line - an analytical study

Abstract

Risks prices which face stocks are fundamental factors that attract investor due to achieved returns through his investment activities that affected by environment conditions surrounding ( Locally and Internationally ).
These returns differed in its highest and lowest returns due the available investment opportunities at these conditions for local and internal investor which lead to a right investment decision.
Stock attraction comes with the level of return achievement that added to his investment portfolio. Hence, it is better to the investor to consume any opportunity of selling or buying stocks in suitable ways with what he want to reach through risks fluctuation. This study aimed to put light on the effect of these fluctuations on investment activities followed by share attraction.
Analysis was conducted to the factors that affected on these fluctuations on the available data for study sample of market stocks for seven chosen countries with (10) companies of each market on sampling looking conditions from the period of (March, 2011 to April, 2015) , by the use of numerous style of finance and statistics.
The study revealed the number of conclusions, the most important of them is the presence of different in investment lines ( Securities Market Line ) (SML) locally and internationally, due to the difference in risk shares resulted from the it\'s environment conditions surrounding. This confirms that locally stocks attraction differs from internationally stock attraction due to the difference between locally investment line and internationally investment line.
This study reached a number of recommendations, the most important of all is necessitate of Iraqi investor with a right way to consume any investment opportunities on locally and internationally levels through stocks, If the market exaggerates in price stocks, then the investor should sell, due to loss through keeping them, If the market make the prices too low then he should by them to achieve additional returns, and if the market gave good price, the investor should achieve a balanced state, and selling or buying depend on the investor himself to choose and prefer.