In equilibrium, the intrinsic value is equal to the stock price, but the market price is not exactly equal to its intrinsic value, so they are in such an equilibrium, that there are several factors that affect it.
- Political factors, mainly international major economic events and the introduction of major economic policies, such as the war in Ukraine and Russia.
- Economic factors mainly change in bank interest rates, for example, some countries have positive theoretical interest rates, some countries have zero interest rates, and some countries have even negative interest rates.
- Psychological factors, refer to investors’ psychological expectations of the stock.
- Corporate factors, which may be speculative at times in the market, lead to this situation.
