Japanese candlestick charting techniques as data visualisation method analysis of real estate market

Abstract

The problem of the article refers to limited availability of information on the real estate market and, as a consequence, its low level of transparency, which makes a decision-making process as regards investment more difficult. Therefore, the problem research which is being discussed pertains to the question in what way the scope of information from the market data on the real estate market and, at the same time, usability of data collected in Register of Prices and Values of Real Estate (RCiWN) can be increased. Methodological research includes bibliographic search and a case study which are related to information management on real estate market. A case study constitutes an application of a technical analysis (Japanese candlestick chart method) of the undeveloped land real estate market in Katowice. Based on the conducted empirical study it can be stated that application of a technical analysis in the form of a candlestick charting can enable, by means of relatively broad scope of information generated from the research data, an extension of a real estate market analysis. This also means the possibility of increasing the degree of the real estate market transparency in the case of using partial data from (RCiWN) while granting them greater usability. Concurrently, it can, being an example of a visualisation tool, enable an optimisation of the time spent on conducting a market analysis. This present article does not exhaust the undertaken research problem. For it is a contribution towards further scientific considerations within the said scope, e.g. narrowing down the research object by selecting similar real estate as regards their characteristics (e.g. localisation, area).

Authors and Affiliations

Agnieszka Jania

Keywords

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  • EP ID EP538910
  • DOI 10.25944/znmwse.2018.02.1326
  • Views 72
  • Downloads 0

How To Cite

Agnieszka Jania (2018). Japanese candlestick charting techniques as data visualisation method analysis of real estate market. Zeszyty Naukowe Małopolskiej Wyższej Szkoły Ekonomicznej w Tarnowie, 38(2), 13-26. https://europub.co.uk/articles/-A-538910