Moving Average Trading Rules for NASDAQ Composite Index
| Autor: | Chien-Ping Chen |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2016 |
| Předmět: | |
| Zdroj: | Applied Finance Letters, Vol 5, Iss 2 (2016) |
| Druh dokumentu: | article |
| ISSN: | 2253-5799 2253-5802 |
| DOI: | 10.24135/afl.v5i2.54 |
| Popis: | This paper tests a few moving average technical trading rules for the NASDAQ Composite and Goldman Sack commodity indexes from 1972 to 2015. Our results indicate that moving average rules do exhibit strong predictive power for NADSAQ composite index but much weaker predictive power for GSCI. Can a trader use this predictive to beat the B&H strategy? We show that MA-100 days could most of the time make an abnormal profit in the case of NASDAQ composite index by considering both transaction costs and risk. |
| Databáze: | Directory of Open Access Journals |
| Externí odkaz: |
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