Evaluating Impacts of a Seven Factor Regression Model on DHG Pharma Corporation Stock Price – A Case in Medicine & Pharma Industry in Vietnam

Dr. Vu Xuan Thuy, Dinh Tran Ngoc Huy, Le Thi Han, Dr. Nguyen Duy Mau, Dr. Dinh Van Son, Dr. Tran Duc Thang and Dr. Pham Tuan Anh

DHG Pharma Corp. is a big medicine company in Can Tho city Vietnam. Good movement of stock price will reflect the business health of DHG Pharma Corp. There are many impacts on its stock price from domestic and external macro factors. By data collection method through statistics, analysis, synthesis, comparison, quantitative analysis to generate qualitative comments and discussion; using econometric method to perform regression equation and evaluate quantitative results, the article analyzed and evaluated the impacts of seven (7) macroeconomic factors on stock price of DHG Pharma Corp. (DHG) in Vietnam in the period of 2014-2019, both positive and negative sides. The results of quantitative research, in a seven factor model, show that the increase in GDP growth, CPI and lending rate has a significant effect on decreasing VCB stock price with the highest impact coefficient, the second is decreasing the exchange rate. This research finding and recommended policy also can be used as reference in policy for DHG as well as medicine industry in Vietnam.

Volume 12 | Issue 7

Pages: 224-234

DOI: 10.5373/JARDCS/V12I7/20202004