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arXiv 1302.1228q-fin.GNq-fin.PR
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有效市场、行为金融学与技术分析有效性的统计证据

Efficient Markets, Behavioral Finance and a Statistical Evidence of the Validity of Technical Analysis

Marco Antonio Penteado

摘要:

这项工作试图检测在巴西股票市场每天观察到的图形信号或模式与在这些信号之后发生的趋势之间存在的关系,在8年的时间内,对于一些证券。从这项研究中获得的结果表明存在这种关系的证据,这表明有效性的技术分析作为一种工具来预测在此期间在巴西股票市场的证券价格的趋势。

英文摘要:

This work tried to detect the existence of a relationship between the graphic signals - or patterns - observed day by day in the Brazilian stock market and the trends which happen after these signals, within a period of 8 years, for a number of securities. The results obtained from this study show evidence of the existence of such a relationship, suggesting the validity of the Technical Analysis as an instrument to predict the trend of security prices in the Brazilian stock market within that period.

机构、总结、中文摘要均由AI分析而来,可能存在错误,请以论文正文为准。

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