Forecasting the investors behavior on the capital market in Romania: Trading strategies based on technical analysis versus Artificial Intelligence techniques
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| Title | Forecasting the investors behavior on the capital market in Romania: Trading strategies based on technical analysis versus Artificial Intelligence techniques |
| Authors | |
| Abstract | This research aims at characterizing and modelling the investors’ behaviours present on the Romanian capital market, by analyzing the behaviours proposed by the efficient markets theory and investigating the possibility of financial time series behaviour forecasting through artificial intelligence concepts and tools (artificial neural networks, fuzzy logic, neuro-fuzzy systems). The analysis of various forecasting strategies has been conducted using data sets on a daily basis, on a time horizon of nine years, for a total of 22 companies listed on BSE and for the BET and BET-C exchange indexes; the research is differentiating the pre-crisis period and the crisis period. |
| Publisher | International Journal of Business and Social Research |
| Date | 2013-07-03 |
| Source | 2164-2540 |
| Rights | This is an open access journal which means that all content is freely available without charge to the user or his/her institution. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission from the publisher or the author. |