Stock market indicators’ role in forecasting of economic crisis
Journal Title: Економічний журнал Одеського політехнічного університету - Year 2018, Vol 3, Issue 5
Abstract
The growth of the frequency and scale of economic crises actualizes the problems of their research and forecasting to minimize the negative effects and optimize the process of economic decision-making. Classical macroeconomic indicators can only state the fact of the crisis appearance with a great lag, which virtually prevents their use to obtain operational information on the state of the economy. At the same time, there are stock market indicators that are capable of generating signals about the state of the economy in real time. In this study, the author proposes the approach to frequency analysis of abnormal price fluctuations of stock market indicators as opposed to traditional macroeconomic indicators that respond to emerging economic crises with a long lag and have low prognostic properties. It has been proved that the frequency analysis of overreaction in the stock market can be used as a predictor of economic crises.
Authors and Affiliations
Oleksiy Plastun, Inna Makarenko
Keywords
Related Articles
- EP ID EP564951
- DOI 10.5281/zenodo.2354567
- Views 96
- Downloads 0
Research of specialty of personnel prognosis and modern trends of preparation of scientific and scientific-pedagogical personnel in Ukraine
Determining the required number and staff planning is an urgent task of any organization that needs to be addressed promptly and responding to changes in the socio-economic situation in the country. In view of this, the...
Regulation of Crowdfunding activities in North America
The article analyzes the experience of Canada and the United States in applying entrepreneurs, enterprises, nonprofit organizations and other associations of crowdfunding technologies in order to financially support thei...
Stock market indicators’ role in forecasting of economic crisis
The growth of the frequency and scale of economic crises actualizes the problems of their research and forecasting to minimize the negative effects and optimize the process of economic decision-making. Classical macroeco...
Innovative strategies and innovative technologies. Scientific and methodical article
In the course of the research: the definition of "innovation potential" is given; normative and legal acts regulating innovative activity are summarized; the tendency to decrease in activity of innovative activity in Ukr...
Administrative processes in the field of providing administrative services
The article analyzes the approaches to the definition of management processes, defines the common characteristics of managerial processes in various fields of activity. The system of principles of managerial processes in...