Munich Personal RePEc Archive

A Measure of a Firm's Average Share Price

Marris, R and Singh, Ajit (1966): A Measure of a Firm's Average Share Price. Published in: Journal of the Royal Statistical Society. Series A (General) , Vol. 129, No. 1 (1966): pp. 74-97.


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The present writers believe that they have found an alternative measure of average price which it is possible to use in econometric applications, is sufficiently accurate for many other purposes as well, and yet is easier to compute. It is described here in the hope that it may prove generally useful to other workers and, in particular, to those concerned with the behaviour of the firm.

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