The efficient market hypothesis through the eyes of an artificial technical analyst

The academic literature has been reluctant to accept technical analysis as a rational strategy of traders in financial markets. In practice traders and analysts heavily use technical analysis to make investment decisions. To resolve this incongruence the aim of this study is to translate technical analysis into a rigorous formal framework and to investigate its potential failure or success. To avoid subjectivism we design an Artificial Technical Analyst. The empirical study presents the evidence of past market inefficiencies observed on the Tokyo Stock Exchange. The market can be perceived as inefficient if the technical analyst's transaction costs are below the break-even level derived from technical analysis. (English

Stock Prediction Based on Social Media Data via Sentiment Analysis: a Study on Reddit

With the development of internet and information technology, online text data has become available and accessible for research in many fields including stock prediction. Social media, being one of the biggest content generators on the internet, is a great data resource for text mining and stock prediction. It has a large capacity, high data density, and fast information spread. In this thesis, analyses on the relationship between the stock-related text in social media (Reddit) and the price changes of corresponding stocks are implemented. In the analysis, sentiment analysis is first applied to extract the individual users’ emotions and opinions about the stocks. After that, the extracted features are analyzed via descriptive statistics and predictive analysis using the Pearson correlation coefficient and machine learning models. The predictive analysis is designed to examine the dependence between the social media text data and stock price change by evaluating the performance of predictions, four indicators are used in the evaluation including “prediction accuracy on price change direction” and three indicators in simulated algorithm trading experiments based on prediction results. They are “total profit with trading strategy for single stock”, “daily profit efficiency of trading strategy” and “total profit with Portfolio trading strategy”. From the results and the comparison with a Buy and Hold (B&H) baseline strategy, the predictions show good results in terms of “daily profit efficiency” and “total profit with Portfolio trading strategy”. Therefore, the online forum text from Reddit are proved to be correlated with future stock price changes and might be used to make more profit than B&H strategy by incorporating their information in portfolio trading strategies

Integrated computational intelligence and Japanese candlestick method for short-term financial forecasting

This research presents a study of intelligent stock price forecasting systems using interval type-2 fuzzy logic for analyzing Japanese candlestick techniques. Many intelligent financial forecasting models have been developed to predict stock prices, but many of them do not perform well under unstable market conditions. One reason for poor performance is that stock price forecasting is very complex, and many factors are involved in stock price movement. In this environment, two kinds of information exist, including quantitative data, such as actual stock prices, and qualitative data, such as stock traders\u27 opinions and expertise. Japanese candlestick techniques have been proven to be effective methods for describing the market psychology. This study is motivated by the challenges of implementing Japanese candlestick techniques to computational intelligent systems to forecast stock prices. The quantitative information, Japanese candlestick definitions, is managed by type-2 fuzzy logic systems. The qualitative data sets for the stock market are handled by a hybrid type of dynamic committee machine architecture. Inside this committee machine, generalized regression neural network-based experts handle actual stock prices for monitoring price movements. Neural network architecture is an effective tool for function approximation problems such as forecasting. Few studies have explored integrating intelligent systems and Japanese candlestick methods for stock price forecasting. The proposed model shows promising results. This research, derived from the interval type-2 fuzzy logic system, contributes to the understanding of Japanese candlestick techniques and becomes a potential resource for future financial market forecasting studies --Abstract, page iii

COVID-19 and Environment: Impacts of a Global Pandemic

This is a reprint of the MDPI IJERPH Special Issue entitled "COVID-19 and Environment: Impacts of a Global Pandemic". The reprint consists of 17 papers with different topics related to the COVID-19 pandemic and environmental impacts using data from different countries all over the globe

Innovation, Economic Development, and Intellectual Property in India and China

This open access book analyses intellectual property codification and innovation governance in the development of six key industries in India and China. These industries are reflective of the innovation and economic development of the two economies, or of vital importance to them: the IT Industry; the film industry; the pharmaceutical industry; plant varieties and food security; the automobile industry; and peer production and the sharing economy. The analysis extends beyond the domain of IP law, and includes economics and policy analysis. The overarching concern that cuts through all chapters is an inquiry into why certain industries have developed in one country and not in the other, including: the role that state innovation policy and/or IP policy played in such development; the nature of the state innovation policy/IP policy; and whether such policy has been causal, facilitating, crippling, co-relational, or simply irrelevant. The book asks what India and China can learn from each other, and whether there is any possibility of synergy. The book provides a real-life understanding of how IP laws interact with innovation and economic development in the six selected economic sectors in China and India. The reader can also draw lessons from the success or failure of these sectors

Proceedings of the 8th International Conference on Energy Efficiency in Domestic Appliances and Lighting

At the EEDAL'15 conference 128 papers dealing with energy consumption and energy efficiency improvements for the residential sector have been presented. Papers focused policies and programmes, technologies and consumer behaviour. Special focus was on standards and labels, demand response and smart meters. All the paper s have been peer reviewed by experts in the sector.JRC.F.7-Renewables and Energy Efficienc

Proceedings of the 6th International Conference EEDAL'11 Energy Efficiency in Domestic Appliances and Lighting

This book contains the papers presented at the sixth international conference on Energy Efficiency in Domestic Appliances and Lighting. EEDAL'11 was organised in Copenhagen, Denmark in May 2011. This major international conference, which was previously been staged in Florence 1997, Naples 2000, Turin 2003, London 2006, Berlin 200h9a s been very successful in attracting an international community of stakeholders dealing with residential appliances, equipment, metering liagnhdti ng (including manufacturers, retailers, consumers, governments, international organisations aangde ncies, academia and experts) to discuss the progress achieved in technologies, behavioural aspects and poliacineds , the strategies that need to be implemented to further progress this important work. Potential readers who may benefit from this book include researchers, engineers, policymakers, and all those who can influence the design, selection, application, and operation of electrical appliances and lighting.JRC.F.7-Renewable Energ

Central Washington University 2010-2011 Undergraduate/Graduate Catalog

https://digitalcommons.cwu.edu/catalogs/1168/thumbnail.jp

The Emergence of Dialogic Identities: Transforming Heteroglossia in the Marquesas, F.P.

Te \u27Enana \u27the people\u27 of the Marquesas, French Polynesia, have been engaged for some time in the dialogic negotiation of their heteroglossic identity. Based on an ethnographic study of language socialization in the Marquesas, this dissertation examines how communicative forms are acquired within a changing socio-cultural matrix, as well as on how cultural habits and beliefs are produced and reproduced via verbal interaction. My first two months of fieldwork were spent in Tahiti (the capital of French Polynesia), living and studying the language use and cultural patterns of an \u27enana family. Subsequently, I spent ten months in a village in the Marquesas, taping at regular intervals the everyday interactions of children and their caregivers within four families and transcribing these with the aid of the caregivers. The transcripts and the caregiver metalinguistic commentary were analyzed for the contexts and functions of code-switching between francais (the local variety of French), \u27enana (including several dialects of the language, spoken in the Marquesas), and sarapia (a stigmatized \u27mixed\u27 code); the communicative genres laden with cultural expectations as to how people ought to think, feel, and act; and the socializing routines influencing these beliefs and practices via participant-observation and informal interviews, I also collected a wide range of information concerning everyday social interactions, routine verbal practices, and cultural notions concerning the value, use, learning, and potential loss of the language. My findings are as follows. Despite the flowering of a cultural revival movement, a complex political economic situation (beginning with the establishment of the French nuclear testing facility in 1963) is responsible for an increase in code-switching and decrease in the acquisition and use of \u27enana by children. Nonetheless, the language continues to be learned and used by many as both medium and marker of an ethnolinguistic identity which is the syncretic product of indigenous reactions to two centuries of foreign influence and rule. Furthermore, while bearing the partial imprimatur of western thought and practice, \u27enana ways of structuring verbal interaction and the acquisition of communicative resources reveal some deeper systemic commitments to pan-Pacific cultural and communicative practices