The Relationship Between Changes in the Leading Indicators and the Price index of the Stocks accepted at the Tehran Stock Exchange


When making investment. risk and return are the two major
factors which should he considered.
By observing the time series of leading indicators. we might he
able to predict stock prices and hence decrease the risk and
increase the return.
This paper examines changes in the leading indicators in order
to forecast changes in the Tehran Stock prices index.
The results showed, during the period studied, there was little
relationship between stock prices index and leading indicators.