The Applications of Turnover Rate Combined with Technical Indices Trading Strategies in Taiwan Stock Market
| Autor: | LAI, CHENG-YI, 賴政義 |
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| Rok vydání: | 2018 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 106 In this study, the investment portfolio is divided into two parts, Taiwan stock market and the OTC market, and Taiwanese 50 ETF stocks. The research period is from January 2, 2008 to December 29, 2017.The paper, without considering the cycle of the investment market and the cycle of each industry, using foreign investors and trust Turnover Rate, and MA and KD and MACD as the basis for stocks trading decision. Investigate whether there are differences in portfolio performance. Through empirical analysis, the research has obtained results as follow. 1.The performances are positive. The first is based on the turnover rate for trading, the second is based on MA and KD and MACD for trading, and finally is based on turnover rate and MA and KD and MACD for trading. 2.The more decision indicators used by the trading strategy, the more the number of transactions can be reduced, does not mean that better performance can be achieved. 3.The more investment targets, the greater the number of operations, does not mean that better performance can be achieved. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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