The Underestimation and Revaluation of shares of the Banks in the World in Reaction to the News

This paper considers the impact of news on the underestimation and revaluation of shares in banks. The sample represents 24 banks, still divided between Russia, America and Europe (Germany, France, Sweden, Netherlands, United Kingdom, Switzerland), who have shares in the stock exchanges. Banks were selected based on the value of the total assets in the last year. The study period - 2015 was chosen because it is the most significant "news", in consequence of the peak of the crisis. It was a model based on daily share prices of banks for the period 12.01.2014 - 03.31.2016, where the influencing variables are the fluctuations in exchange rates, the prices of energy commodities and precious metals prices. It was found the relationship between the influencing factors and deviations from the expected market price, especially clearly manifested this relationship for US banks. As a control test results of the study were compared with the consensus forecast of analysts regarding the conduct of the trader in the market, by the example of Russian banks.