أثر القيمة المعرضة للخطر لحجم التداول في سوق دمشق للأوراق المالية على تذبذب العائد دراسة حالة شركة العقيلة للتأمين التكافلي

Abstract

This study aimed to determine the impact of the Value at Risk (VaR) of trading volume in the Damascus Stock Exchange on the return volatility of Al-Aqila Takaful Insurance Company shares during the period from 2013 to 2023. Data was collected daily during the study period and then analyzed using the following programs: Excel, Eviews 13, and SPSS 2025. The most important results reached by the researcher were that the trading volume series is stable, which can be attributed to the limited trading volume in the Damascus Stock Exchange. The researcher also found a weak impact of the Value at Risk (VaR) of trading volume on the return volatility of Al-Aqila Takaful Insurance Company. This can be attributed to the nature of the company's activity and the economic conditions facing the Damascus Stock Exchange, especially since it is a market with limited activity.