Volume and Return Effects of Technical Trading Rules on the German Stock Market

2012 ◽  
Author(s):  
Thomas Etheber
Keyword(s):  
Stock Market ◽  
Technical Trading ◽  
Technical Trading Rules ◽  
Trading Rules ◽  
German Stock ◽  
German Stock Market

scholarly journals PROFITABILITY OF TECHNICAL TRADING RULES IN THE BRAZILIAN STOCK MARKET

2018 ◽  
Vol 6 (2) ◽  
pp. 133-150
Author(s):  
Jose Miralles-Quiros ◽  
Maria Miralles-Quiros ◽  
Luis Gonçalves
Keyword(s):  
Stock Market ◽  
Technical Trading ◽  
Technical Trading Rules ◽  
Trading Rules

scholarly journals Profitability of The Moving Averages Technical Trading Rules in an Emerging Stock Market-A Study of Individual Stocks Listed On Pakistan Stock Exchange

2018 ◽  
Vol 14 (2) ◽  
pp. 67-76
Author(s):  
Muhammad Arif ◽  
Keyword(s):  
Stock Market ◽  
Stock Returns ◽  
Stock Exchange ◽  
Moving Average ◽  
Market Development ◽  
Moving Averages ◽  
Technical Trading ◽  
Technical Trading Rules ◽  
Trading Rules ◽  
Portfolio Returns

This paper investigates the gainfulness of moving averages (MA) timing method over the purchase and hold procedure for single stocks deal in Pakistan Stock Exchange. We used (Han et al., 2013) approach of single stock returns and indeterminate evidence of MA timing methodology insightful ability to increase higher returns over the strategy of purchase and hold. In addition, we report market risk-adjusted returns to expel any market development impacts and apply elective moving averages lag lengths to check the robustness of our outcomes. We look at that individual stock returns are noisier than portfolio returns and the fundamental technical exchanging principle of moving average don't be able to anticipate single stock returns. We propose the utilization of more perplexing trading rules in future investigations to determine the gainfulness of technical trading rules in individual stocks.

scholarly journals Profitable Technical Trading Rules For The Austrian Stock Market

2011 ◽  
Vol 6 (9) ◽  
Author(s):  
Massoud Metghalchi ◽  
Yong Glasure ◽  
Xavier Garza-Gomez ◽  
Chien Chen
Keyword(s):  
Stock Market ◽  
Predictive Power ◽  
Moving Average ◽  
Trading Costs ◽  
Technical Trading ◽  
Technical Trading Rules ◽  
Trading Rules ◽  
Price Patterns

Two moving average technical trading rules for the Austrian stock market are tested. Results indicate that moving average rules do indeed have predictive power and could discern recurring-price patterns for profitable trading. Results also support the hypothesis that technical trading rules can outperform the buy-and-hold strategy. Break-even one-way trading costs are estimated to be between .61 and 2.36 %. These break-even costs are larger than recent estimates of actual trading costs, implying profitable trading rules for the Austrian stock market.

scholarly journals Are Moving Average Trading Rules Profitable? Evidence From The Mexican Stock Market

2011 ◽  
Vol 24 (1) ◽  
Author(s):  
Massoud Metghalchi ◽  
Xavier Garza-Gomez ◽  
Yong Glasure ◽  
Yung-Ho Chang
Keyword(s):  
Stock Market ◽  
Transaction Costs ◽  
Predictive Power ◽  
Moving Average ◽  
Trading Costs ◽  
Font Size ◽  
Technical Trading ◽  
Technical Trading Rules ◽  
Trading Rules ◽  
Price Patterns

<p class="MsoBodyText2" style="text-justify: inter-ideograph; text-align: justify; line-height: normal; margin: 0in 0.5in 0pt;"><span style="font-family: Times New Roman;"><span style="font-size: 10pt; font-weight: normal; mso-bidi-font-family: 'Times New Roman';">This paper tests three moving average technical trading rules for the Mexican Stock Market. </span><span style="font-size: 10pt; font-weight: normal; mso-bidi-font-weight: bold; mso-bidi-font-family: 'Times New Roman';">Results indicate that moving average rules do indeed have predictive power and can discern recurring-price patterns for profitable trading and support the hypothesis that technical trading rules can outperform the buy-and-hold strategy. Break-even one-way trading costs are estimated to be</span><span style="font-size: 10pt; mso-bidi-font-weight: normal; mso-bidi-font-family: 'Times New Roman';"><strong> </strong></span><span style="font-size: 10pt; font-weight: normal; mso-bidi-font-weight: bold; mso-bidi-font-family: 'Times New Roman';">in the range of 1% to 3% over the period under consideration. These break-even costs, we believe, are large compared to recent estimates of actual trading costs, implying that moving average trading rules have predictive power and can generate consistent profits even after transaction costs are considered. </span></span></p>

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