THE APPLICATION OF OPTIMAL STOPPING RULES TO FORECAST THE FUTURES PRICES.

Title: THE APPLICATION OF OPTIMAL STOPPING RULES TO FORECAST THE FUTURES PRICES.
Identifier: AAI8629738
identifier: 8629738
Creator: SHYY, GANG.
Contributor: Salih N. Neftci
Date: 1986
Language: English
Publisher: City University of New York.
Subject: Economics, Finance
Abstract: The forecasting methodology, known as "technical analysis", used by most financial market traders has been generally ignored by academic professional and is lack of statistical justification. This work tests some of the rules of thumb in technical analysis and compares them with the optimal stopping rules. The results show that the price trend does exist in the technical sense and optimal stopping rules may indeed be a useful procedure for predicting price trend in financial market.
Type: dissertation
Source: PQT Legacy CUNY.xlsx
degree: Ph.D.
Program: Economics

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