Portfolio selection using technical analysis Cover Image

APLICAREA ANALIZEI TEHNICE ÎN SELECȚIA PORTOFOLIILOR
Portfolio selection using technical analysis

Author(s): Florin Turcas
Subject(s): Financial Markets, Public Finances
Published by: Editura Mustang
Keywords: technical analysis; modern portfolio theory; risk-return trade-off; rolling window method

Summary/Abstract: The technical analysis used by all capital market practitioners is avoided by academia, it is theoretically considered insufficient and too inaccurate (intuitive). In the following paper we will show that practical results drawn from the study of historical data may be more realistic and more complex than those offered by traditional statistics. Also, we only use technical analysis to study the correlation between stocks and not to make predictions that, indeed, seem not scientifically justified.

  • Issue Year: 2/2017
  • Issue No: 2
  • Page Range: 71-86
  • Page Count: 16
  • Language: Romanian
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