Are Technical Analysis Useful to have forecasted the 2008 Global Financial Tsunami? / 技術分析是否能有效預測2008年金融海嘯

碩士 / 銘傳大學 / 國際企業學系碩士在職專班 / 101 / The internationalization of the capital market, the more closely the relationship between the national capital markets, and the transmission of information across countries in financial markets is faster. By Fama (1970) defined the efficient market hypothesis (Efficient Market Hypothesis, EMH), all information will affect the price of rapid response in the stock price, so unable to earn excess returns on the market. However, Brock et al (1992), which use the Moving Average method and the Trading Range Breakout analysis of the Dow Jones Industrial index, empirical results show that through technical analysis, investors can be profitable. Therefore, the Taiwan stock market as the research object, to verify the validity of the technical analysis, that is the purpose of this study is to compare trading decisions "technical indicators trading operations" compensation and rewards of "buy and hold" investment in Taiwan stock market, and on analysis in different period to exam the consistent of investment performance.

Identiferoai:union.ndltd.org:TW/101MCU05321040
Date January 2013
CreatorsChun-Chi Chou, 周俊吉
ContributorsJai-Ming Kung, 宮在明
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format55

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