Technical Analysis on Markets with Memory
Economists note that financial markets are experiencing alternating periods of euphoria and depression. The question they ask is to know how to "beat the market". Some, relying on the analysis of covariance, affirm portfolio diversification, others lean towards the reflexive interaction "players" and the market, others base their theory on their own experiences, give particular attention to the intrinsic value of the business and provide a strong distinction between the investor and the speculator. In this article we will discuss the relative merits of two classic strategies of prediction, "fundamental analysis" versus "technical analysis "(or" Chartism ") and this for different cases of figs for markets with and without memory.
- There are currently no refbacks.
This work is licensed under a Creative Commons Attribution 3.0 License.
Business and Economic Research ISSN 2162-4860
Copyright © Macrothink Institute
To make sure that you can receive messages from us, please add the 'macrothink.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.