Profiting from technical analysis in ASEAN tiger cub economies: Philippines, Thailand, Indonesia and Malaysia using moving averages
This study employs the simple moving average (SMA) and the displaced moving average (DMA) trading rules to test their ability to beat the market and gain abnormal returns in the ASEAN tiger cub economies: Philippines, Malaysia, Indonesia and Thailand. The indicators were applied on the indices of ea...
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Main Author: | |
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Format: | text |
Language: | English |
Published: |
Animo Repository
2017
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Subjects: | |
Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/2885 |
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Institution: | De La Salle University |
Language: | English |
Summary: | This study employs the simple moving average (SMA) and the displaced moving average (DMA) trading rules to test their ability to beat the market and gain abnormal returns in the ASEAN tiger cub economies: Philippines, Malaysia, Indonesia and Thailand. The indicators were applied on the indices of each country over a 15-year period. Results show that both the SMA and the DMA both can be used as technical analysis tools to trade profitabiltiy on tiger cub exchanges. |
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