In recent years technical analysis has been used more and more frequently. The original concept of technical analysis is built on history will be continue to repeat itself. Therefore, analysts and investors could predict the market price by observing the historical data.
The idea of pattern recognition technology comes from face recognition systems. In the system, the analyst captures the facial features from the entrant and then quantifies the features as codes. Through the process of recognition, the analyst can confirm the identity of the entrant. Pattern recognition applies the idea to extract information encoded in the stock market characteristics and recognize the market with historical data. In the application, pattern recognition can be regarded as a pre-operation of the technical analysis. Users analyze the current information through pattern recognition and can further build the strategy.
This model has 19 codes captured from two dimensions; the first is price, and the second is the trend of ups and downs. The empirical results for the decade in the weekly frequency trading strategy are an annual return of 31.57% and annual risk of 26.66%. After the deduction of trading fees, the strategy has an annual return of 14.94% and annual risk of 26.72%.
| Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0923111-144703 |
| Date | 23 September 2011 |
| Creators | Chen, Chia-jung |
| Contributors | LIN, Chin-Lung, JHENG, Yi, TSANG, Shih-Wei |
| Publisher | NSYSU |
| Source Sets | NSYSU Electronic Thesis and Dissertation Archive |
| Language | English |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0923111-144703 |
| Rights | user_define, Copyright information available at source archive |
Page generated in 0.0024 seconds