Profitability of technical analysis - the case of Malaysian stock market.

Profitability of technical analysis - the case of Malaysian stock market.

This paper attempts to investigate the significance of profits arising from the application of popular technical trading rules such as DMACO (Dual Moving Average Crossover), TRB (Trading Range Break) and Stochastic Indicator in general stock market indices, particularly KLCI (Kuala Lumpur Composite...

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Main Author: Kang, Kean Hin.
Other Authors: School of Humanities and Social Sciences
Format: Final Year Project
Language:English
Published: 2011
Subjects:
DRNTU::Social sciences::Economic theory
Online Access:http://hdl.handle.net/10356/44519
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-445192019-12-10T10:47:55Z Profitability of technical analysis - the case of Malaysian stock market. Kang, Kean Hin. School of Humanities and Social Sciences Wang Wei Siang DRNTU::Social sciences::Economic theory This paper attempts to investigate the significance of profits arising from the application of popular technical trading rules such as DMACO (Dual Moving Average Crossover), TRB (Trading Range Break) and Stochastic Indicator in general stock market indices, particularly KLCI (Kuala Lumpur Composite Index) throughout the sampling period. In the context of Economics, it is in equivalence to testing the validity of Efficient Market Hypothesis and Random Walk Theory. The results show that moving averages rules and trading range breakout rules are effective strategies particularly on the long side. As profitable strategies can be found, Weak-form Efficient Market Hypothesis is violated. Bachelor of Arts 2011-06-02T02:56:40Z 2011-06-02T02:56:40Z 2011 2011 Final Year Project (FYP) http://hdl.handle.net/10356/44519 en Nanyang Technological University 35 p. application/pdf
institution Nanyang Technological University
building NTU Library
country Singapore
collection DR-NTU
language English
topic DRNTU::Social sciences::Economic theory
spellingShingle DRNTU::Social sciences::Economic theory
Kang, Kean Hin.
Profitability of technical analysis - the case of Malaysian stock market.
description This paper attempts to investigate the significance of profits arising from the application of popular technical trading rules such as DMACO (Dual Moving Average Crossover), TRB (Trading Range Break) and Stochastic Indicator in general stock market indices, particularly KLCI (Kuala Lumpur Composite Index) throughout the sampling period. In the context of Economics, it is in equivalence to testing the validity of Efficient Market Hypothesis and Random Walk Theory. The results show that moving averages rules and trading range breakout rules are effective strategies particularly on the long side. As profitable strategies can be found, Weak-form Efficient Market Hypothesis is violated.
author2 School of Humanities and Social Sciences
author_facet School of Humanities and Social Sciences
Kang, Kean Hin.
format Final Year Project
author Kang, Kean Hin.
author_sort Kang, Kean Hin.
title Profitability of technical analysis - the case of Malaysian stock market.
title_short Profitability of technical analysis - the case of Malaysian stock market.
title_full Profitability of technical analysis - the case of Malaysian stock market.
title_fullStr Profitability of technical analysis - the case of Malaysian stock market.
title_full_unstemmed Profitability of technical analysis - the case of Malaysian stock market.
title_sort profitability of technical analysis - the case of malaysian stock market.
publishDate 2011
url http://hdl.handle.net/10356/44519
_version_ 1681047955065274368

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