- Author
- Maliszewski Andrzej
- Title
- Metoda prognozowania punktów zwrotnych indeksu WIG na GPW w Warszawie
Predicting Turning Points of WIG Index (Warsaw Stock Exchange Index) - Source
- Prace Naukowe Akademii Ekonomicznej we Wrocławiu. Informatyka i Ekonometria (4), 1997, nr 750, s. 139-146, rys., bibliogr. 5 poz.
- Issue title
- Zastosowania metod ilościowych
- Keyword
- Prognozowanie, Metody prognozowania, Indeks giełdowy, Warszawski Indeks Giełdowy (WIG)
Forecasting, Forecasting methods, Stock market indexes, Warsaw Stock Exchange Index - Note
- summ.
- Abstract
- Celem artykułu jest zaproponowanie metody prognozowania punktów zwrotnych indeksu giełdowego WIG, wykorzystującej model pulsu cenowego, opisany w literaturze, i średnie ruchome scentrowane WIG. (fragment tekstu)
The method of predicting turning points of WIG index described in the paper may be applied in short-term investments.
It has been assumed that WIG index changes according to the following model: the correction wave appears on both up and down waves. Time series WIG is a starting point. We compute six moving averages. Appropriate moving averages are subtracted from each other and we receive three new time series. In the form of graph they are shown as three figures of different terms (the longest, average and the shortest).
Empirical studies show that the figure referring to the longest terms includes three figures concerning average terms and those, in turn, include three figures referring to the shortest terms. The sum of the three figures depicts WIG index model.
Additionaly, for the sake of comparison, other commonly used methods have been presented. They are all used to predict turning points of WIG index. (original abstract) - Accessibility
- The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics - Bibliography
-
- Frost A.J., Precfater R.R.: Teoria fal Elliotta. Warszawa: WIG-Press 1995.
- Murphy J.J.: Analiza techniczna. Warszawa: WIG-Press 1995.
- Ostasiewicz S., Rusnak Z., Siedlecka U.: Statystyka. Wrocław: AE 1995.
- Plummer T.: Psychologia rynków finansowych. Warszawa: WIG-Press 1995.
- Talaga L., Zieliński Z.: Analiza spektralna w modelowaniu ekonometrycznym. Warszawa: PWN 1986.
- Cited by
- ISSN
- 0324-8445
1428-1163 - Language
- pol
