PREDICTIVE ANALYTICS IN CAPITAL MARKETS
Journal Title: Asian Economic and Financial Review - Year 2017, Vol 7, Issue 3
Abstract
The paper is a practical application of the random walk model on stock price behaviour. The academic literature has moved beyond this random walk approach and the recent focus is now much more on how to improve the forecasts. Since the performance of the random walk model has been contextual, it is desirable that the model is tested in different contexts. Our model shows good results in the Indian context. This model is also useful for traders and investors looking to predict stock prices in the immediate future as the model accounts for changes in the immediate past.
Authors and Affiliations
Nitin Singh*| Chairperson – Business Analytics IIM Kashipur Advisor KPMG Lodha Excelus NM Joshi Marg Mumbai, India, Prakash Kumar Jha| Technical Centre, Ashok Leyland Ltd, Vellivayal Chavadi,Via Manali New Town, Chennai, India
Keywords
Related Articles
- EP ID EP2341
- DOI -
- Views 510
- Downloads 39
MONETARY POLICY SHOCKS AND EXCHANGE RATE VOLATILITY IN NIGERIA
This paper analysed the effects of monetary policy shocks using changes in various monetary policy instruments on exchange rate volatility in Nigeria. This paper investigates the relationship between exchange rate volati...
THE EFFECT OF EXCHANGE RATE VOLATILITY ON STOCK RETURN IN TAIWAN AROUND ABENOMICS
The purpose of this study is to investigate the relationship between stock returns, exchange rates and financial ratios in the automotive and integrated circuit industries in Taiwan around the introduction of Abenomics....
DOES INSTITUTIONAL QUALITY STRENGTHEN THE POSITIVE INFLUENCE OF OFFSHORE R&D STRATEGY ON THE FIRM PRODUCTIVITY?
The purpose of this study is to examine whether the host country?s institutional quality has a significant moderating effect on the relationship between the offshore R&D strategy in the local environment and firm product...
ENTREPRENEURSHIP DEVELOPMENT COURSE TO FOSTER CHARACTER MERCHANDISE IN SUPPORT ECONOMIC GROWTH
This paper aims at determining whether or not financial reporting of companies in Malaysia provides useful information to Inland Revenue Board for income tax determination. The respondents in this study were staff of the...
EXPORT DIVERSIFICATION OF GEORGIAN FIRMS TO THE EU MARKET
This paper aims at analyzing market penetration strategies in the internationalization process, obstacles of Georgian exporter firms to the EU market and to find solutions for a better level of diversification. On June...