RESEARCH OF THE STOCK MARKET OF THE BALTIC COUNTRIES

Abstract

What changes are taking place in the securities market of Baltic companies in the period 2018-2023. Research methods applied to the conducted research: evaluation of the investment indicators of companies listed on the stock market of the Baltic countries, using H. Markowirz and W. F. Sharpe models. After conducting the research, the following research results and conclusions were obtained: After applying the W.F. Sharpe and H. Markowitz models, the profitability and the Sharpe index were calculated, which showed and allowed the comparison of portfolios. In the case of this investor, H. Markowitz‘s model should be followed, since it was he who found the optimal portfolio for the assigned risk. Recommended to invest in ,,Arco Vara”, ,,Grindeks”, ,,Latvijas Balzams”, ,,Latvijas Jūras medišť centrs”, ,,Marko Ehitus”, ,,Silvano Fashion Group” and ,,Telia Lietuva”corporate shares. In the case of a conservative investor, it is recommended to invest using the W. F. Sharpe model, due to the higher Sharpe ratio. Calculations based on both of these models yielded equal amounts that should be invested in companies. The distribution of the portfolio of this type of investor was as follows: ,,Latvijas Balzams”, ,,Latvijas Jūras medičnost centrs”, ,,Linas Agro Group”, ,,Merko Ehitus”, ,,Olympic Entertainment Group”, ,,Silvano”. Fashion Group, Telia Lietuva.