Evaluation of fluctuations of standard & poor‘s 500 sectoral index prices

Abstract

The article covers evaluation of fluctuations of Standard & Poor`s 500 sectoral index prices considering the impact of fundamental macroeconomic stock price determinants, assessed by individual expectation categories. Also, the models for stock price prognostication have been developed and verified. In the research, fluctuations of Standard & Poor`s 500 sectoral index prices are evaluated considering each fundamental macroeconomic determinant and a separate expectation category. The res earch has enabled to identify the indices with high price fluctuations. Statistically reliable prognostication models have been empirically verified, and the most reliable prognostication models, which could indicate index price rise or decline, have been revealed.