Implementation and validation of an opportunistic stock market timing heuristic: One-day share volume spike as buy signal
نویسندگان
چکیده
This paper presents the results of simulated trading on long time series price and share volume data for the Dow Jones Industrial Average and Standard and Poor’s 500 Index. Robust and systematic results demonstrate strong support for the effectiveness of the market trading heuristic of buying when one-day share trading volume spikes. Implementation of the methods is straightforward and may be readily accomplished with spreadsheet technology for decision support applications. 2007 Elsevier Ltd. All rights reserved.
منابع مشابه
A Nonlinear Autoregressive Model with Exogenous Variables Neural Network for Stock Market Timing: The Candlestick Technical Analysis
In this paper, the nonlinear autoregressive model with exogenous variables as a new neural network is used for timing of the stock markets on the basis of the technical analysis of Japanese Candlestick. In this model, the “nonlinear autoregressive model with exogenous variables” is an analyzer. For a more reliable comparison, here (like the literature) two approaches of Raw-based and Signal-ba...
متن کاملApplication of HS Meta-heuristic Algorithm in Designing a Mathematical Model for Forecasting P/E in the Panel Data Approach
In financial markets such as Tehran Stock Exchange, P/E coefficient, which is one of the most well-known instruments for evaluating stock prices in financial markets, is considered necessary for shareholders, investors, analysts and corporate executives. P/E is used as an important indicator in investment decisions. In this research, harmony search metaheuristic algorithm is used to select opti...
متن کاملRanking and Managing Stock in the Stock Market Using Fundamental and Technical Analyses
The stock selection problem is one of the major issues in the investment industry, which is mainly solved by analyzing financial ratios. However, considering the complexity and imprecise patterns of the stock market, obvious and easy-to-understand investment rules, based on fundamental analysis, are difficult to obtain. Fundamental and technical analyses are two common methods for predicting th...
متن کاملRanking and Managing Stock in the Stock Market Using Fundamental and Technical Analyses
The stock selection problem is one of the major issues in the investment industry, which is mainly solved by analyzing financial ratios. However, considering the complexity and imprecise patterns of the stock market, obvious and easy-to-understand investment rules, based on fundamental analysis, are difficult to obtain. Fundamental and technical analyses are two common methods for predicting th...
متن کاملSpike timing dependent plasticity: mechanisms, significance, and controversies
Long-term modification of synaptic strength is one of the basic mechanisms of memory formation and activity-dependent refinement of neural circuits. This idea was purposed by Hebb to provide a basis for the formation of a cell assembly. Repetitive correlated activity of pre-synaptic and post-synaptic neurons can induce long-lasting synaptic strength modification, the direction and extent of whi...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
- Expert Syst. Appl.
دوره 35 شماره
صفحات -
تاریخ انتشار 2008