Candlestick Forecasting for Investments by Haibin Xie

Candlestick Forecasting for Investments by Haibin Xie

Candlestick charts are often used in speculative markets to describe and forecast asset price movements. This book is the first of its kind to investigate candlestick charts and their statistical properties. It provides an empirical evaluation of candlestick forecasting. The book proposes a novel technique to obtain the statistical properties of candlestick charts. The technique, which is known as the range decomposition technique, shows how security price is approximately logged into two ranges, i.e. technical range and Parkinson range. Through decomposition-based modeling techniques and empirical datasets, the book investigates the power of, and establishes the statistical foundation of, candlestick forecasting.

Haibin Xie is Associate Professor at the School of Banking and Finance, University of International Business and Economics.

Kuikui Fan is affiliated with the School of Statistics, Capital University of Economics and Business.

Shouyang Wang is Professor at the Academy of Mathematics and Systems Science, Chinese Academy of Sciences.

SKU	Unavailable
ISBN 13	9780367703394
ISBN 10	0367703394
Title	Candlestick Forecasting for Investments
Author	Haibin Xie
Series	Routledge Advances In Risk Management
Condition	Unavailable
Binding Type	Paperback
Publisher	Taylor & Francis Ltd
Year published	2022-09-26
Number of pages	116
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note	Unavailable