The Performance Comparison of Some Technical Indicators and Their Combinations
| Autor: | Jia-En Li, 李嘉恩 |
|---|---|
| Rok vydání: | 2014 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 102 The main purpose investors have in the stock market is gaining profits. Taiwan value added stock index future is a relatively profitable financial instrument in a short term. Many people use technical indicators to perform short-term speculations, but is one technique used in the analysis enough? The study performs the speculation analysis in Taiwan stock price index futures market using an indicator determining the environment as well as 3 Oscillators and 3 Trend Indicators. After obtaining profit factors of all parameters in the sample, I find out the best parameter using plateau-area approach and apply it outside the sample, obtaining quarterly return results from the single indicator and mixed indicator respectively. Afterward, I compare the difference between the two indicators using paired t-test. The result turns out that using some combinations of 2 mixed indicators is better than the single indicator, and the mixed indicator with the best result can reach the annualized return 106.8%. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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