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Full-Text Articles in Social and Behavioral Sciences

Market Efficiency And The Returns To Simple Technical Trading Rules: New Evidence From U.S. Equity Market And Chinese Equity Markets, Gary Gang Tian, Guang Hua Wan, Mingyuan Guo Jan 2002

Market Efficiency And The Returns To Simple Technical Trading Rules: New Evidence From U.S. Equity Market And Chinese Equity Markets, Gary Gang Tian, Guang Hua Wan, Mingyuan Guo

Faculty of Commerce - Papers (Archive)

Numerous studies in the finance literature have investigated technical analysis to determine its validity as an investment tool. This study is an attempt to explore whether some forms of technical analysis can predict stock price movement and make excess profits based on certain trading rules in markets with different efficiency level. To avoid using arbitrarily selected 26 trading rules as did by Brock, Lakonishok and LeBaron (1992) and later by Bessembinder and Chan (1998), this paper examines predictive power and profitability of simple trading rules by expanding their universe of 26 rules to 412 rules. In order to find out …


Models For Genesis Of Kamchatka Are Magmas: New Insights From U-Series, Anthony Dosseto, Bernard Bourdon Jan 2002

Models For Genesis Of Kamchatka Are Magmas: New Insights From U-Series, Anthony Dosseto, Bernard Bourdon

Faculty of Science - Papers (Archive)

No abstract provided.