Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency
Link to publisher's homepage at https://ijbt.unimap.edu.my
Saved in:
| Main Authors: | , , |
|---|---|
| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP)
2023
|
| Subjects: | |
| Online Access: | http://dspace.unimap.edu.my:80/xmlui/handle/123456789/77809 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Universiti Malaysia Perlis |
| Language: | English |
| id |
my.unimap-77809 |
|---|---|
| record_format |
dspace |
| spelling |
my.unimap-778092023-01-30T13:46:38Z Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency Tor, Nee Pang Wei, Ni Soh Fakarudin, Kamarudin Tor, Nee Pang torneepang@gmail.com School of Business & Economics, Universiti Putra Malaysia (UPM) China Currency Ergodic Process Range Bar Link to publisher's homepage at https://ijbt.unimap.edu.my This paper uses range bar and Ergodic Theory to study early price trends for USD/CNY currency in China from 2015 to 2019. The main results indicated that early price trend detection can be achieved within two standard deviations. During the range-bound trading period,sample showed that atleast 68% of frequency mean result suggested that range bar solved price trend formation. This paper is further analysed to obtain at least a 0.8 correlation coefficient sample suggested that Ergodic Theory prevented overpriced hedge trends. This paper intends to improve price trend detection earlier than trend following methodology. Therefore, the authorities shall consider implementing early price trend detection models to improve the liquidity of local currency. 2023-01-30T13:46:38Z 2023-01-30T13:46:38Z 2022-10 Article International Journal of Business and Technopreneurship, vol.12(3), 2022, pages 1-10 2231-7090 (printed) 2232-1543 (online) http://dspace.unimap.edu.my:80/xmlui/handle/123456789/77809 https://ijbt.unimap.edu.my en School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP) |
| institution |
Universiti Malaysia Perlis |
| building |
UniMAP Library |
| collection |
Institutional Repository |
| continent |
Asia |
| country |
Malaysia |
| content_provider |
Universiti Malaysia Perlis |
| content_source |
UniMAP Library Digital Repository |
| url_provider |
http://dspace.unimap.edu.my/ |
| language |
English |
| topic |
China Currency Ergodic Process Range Bar |
| spellingShingle |
China Currency Ergodic Process Range Bar Tor, Nee Pang Wei, Ni Soh Fakarudin, Kamarudin Tor, Nee Pang Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency |
| description |
Link to publisher's homepage at https://ijbt.unimap.edu.my |
| author2 |
torneepang@gmail.com |
| author_facet |
torneepang@gmail.com Tor, Nee Pang Wei, Ni Soh Fakarudin, Kamarudin Tor, Nee Pang |
| format |
Article |
| author |
Tor, Nee Pang Wei, Ni Soh Fakarudin, Kamarudin Tor, Nee Pang |
| author_sort |
Tor, Nee Pang |
| title |
Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency |
| title_short |
Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency |
| title_full |
Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency |
| title_fullStr |
Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency |
| title_full_unstemmed |
Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency |
| title_sort |
impact of range bar and ergodic process on early price trend detection using evidence from usd/cny currency |
| publisher |
School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP) |
| publishDate |
2023 |
| url |
http://dspace.unimap.edu.my:80/xmlui/handle/123456789/77809 |
| _version_ |
1772813111628136448 |