Candlestick Forecasting for Investments
Applications, Models and Properties
Kuikui Fan, Shouyang Wang, Haibin Xie, et al.
EPUB
ca. 51,47 €
Sozialwissenschaften, Recht, Wirtschaft / Wirtschaft
Beschreibung
Candlestick charts are often used in speculative markets to describe and forecast asset price movements. This book is the first of its kind to investigate candlestick charts and their statistical properties. It provides an empirical evaluation of candlestick forecasting. The book proposes a novel technique to obtain the statistical properties of candlestick charts. The technique, which is known as the range decomposition technique, shows how security price is approximately logged into two ranges, i.e. technical range and Parkinson range.Through decomposition-based modeling techniques and empirical datasets, the book investigates the power of, and establishes the statistical foundation of, candlestick forecasting.
Weitere Titel von diesem Autor
Weitere Titel in dieser Kategorie
