Market inefficiency identified by both single and multiple currency trends

Details Market inefficiency identified by both single and multiple currency trends Market inefficiency identified by both single and multiple currency trends

2011-10-12

arxiv.org/abs/1110.2612v1

Economy

Quantitative Finance

Statistical Finance

Scientific paper

Many studies have shown that there are good reasons to claim very low predictability of currency nevertheless, the deviations from true randomness exist which have potential predictive and prognostic power [J.James, Quantitative finance 3 (2003) C75-C77]. We analyze the local trends which are of the main focus of the technical analysis. In this article we introduced various statistical quantities examining role of single temporal discretized trend or multitude of trends corresponding to different time delays. Our specific analysis based on Euro-dollar currency pair data at the one minute frequency suggests the importance of cumulative nonrandom effect of trends on the forecasting performance.

Affiliated with

Also associated with

No associations

Rating

Market inefficiency identified by both single and multiple currency trends does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.

If you have personal experience with Market inefficiency identified by both single and multiple currency trends, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Market inefficiency identified by both single and multiple currency trends will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFWR-SCP-O-633597