Exploring whether ROA has a positive impact on the stock price of clothing companies

Abstract

The purpose of this study is to explore the impact of ROA on stock price of apparel industry companies. First, I use the regression model of SPSS software to prove that there is a relationship between them, and then I exclude the influence of price on ROA. I use the former as an independent variable and the latter as a dependent variable to prove that ROA will have a positive impact on stock price. This research fills in the blank of the previous literature on the clothing industry, and investors can make a prediction on the stock price according to this conclusion, so as to make a decision of buying or selling