The Effects of Stock Market Indicators on Stock Price Prediction

In the view or market theoreticians, investors and other participants, attain more successful with appropriate valuation measures. This article tries to show and compare the effect and relevance between various market indicators and stock price predictions.
For  this purposes,  market  indicators have been  categorized  in three groups of: structural  indicators, flow  of  fund  indicators and sentiment  indicators.
Single  and  multiple  regression  was  used  to  test  the  research hypothesis   and   various   market   indicators. At   last   this  paper concludes that the price variation can be predicted with  indicators of   I )firm   size    2)earnings  per  share  grouch   3)market  breadth 4)free float rate and S)book value per share to price ratio. In other words, 53.5 % of stock price variations in Tehran stock exchange can be predicted with these four variables.