Digest Finance

Forecasting the Situation in the Financial Market and Evaluating Its Impact on the Industry Development

Vol. 23, Iss. 1, MARCH 2018

PDF  Article PDF Version

Received: 29 August 2017

Received in revised form: 2 October 2017

Accepted: 23 October 2017

Available online: 30 March 2018


JEL Classification: G12, G32

Pages: 68–80


Il'yasov R.Kh. Chechen State University, Grozny, Chechen Republic, Russian Federation

ORCID id: not available

Kurazova D.A. Chechen State University, Grozny, Chechen Republic, Russian Federation

ORCID id: not available

Importance The research focuses on mathematical methods for forecasting the financial market trends in its impact on the industry development. Viewing the future economic development through the lens of the financial sector trends, many researchers proved the relationship between the financial market situation and the industrial sector.
Objectives In theory and practice, the research substantiates the significance of the financial market, its impact of the real economy, considering the existing lack of finance and investment resources. Applying mathematical tools for analyzing the market and its future trends, we determine how it will rise and fall in industrial sectors of the national economy. The forecast allows to adjust an economic policy and alleviate possible crunches.
Methods Based on methods of regression-and-correlation, statistical, horizontal and vertical analysis of data, we examine rates of growth in key industrial indices at the Moscow Stock Exchange and predict their future behavior.
Results As part of this research, we devised forecasting tools for examining the financial market and key mechanisms for raising investment resources from the financial sector.
Conclusions and Relevance The research is of scientific value since it explores internal mechanisms for raising investment, which result from a mathematical framework for market forecasting. The resultant forecasting tools are recommendable to use to get a deeper understanding of the financial market trends and key mechanisms for attracting investment resources from the financial sector.

Keywords: financial market, industry, financial market indicators, market conditions


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