Generation of predictive price and trading volume patterns in a model of dynamically evolving free market supply and demand
I present a model of stock market price fluctuations incorporating effects of share supply as a history-dependent function of previous purchases and share demand as a function of price deviation from moving averages. Price charts generated show intervals of oscillations switching amplitude and freq...
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| Format: | Article |
| Language: | English |
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Wiley
2001-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/S1026022601000048 |
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| _version_ | 1832550678985179136 |
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| author | J. K. Wang |
| author_facet | J. K. Wang |
| author_sort | J. K. Wang |
| collection | DOAJ |
| description | I present a model of stock market price fluctuations incorporating effects of share supply as a history-dependent function of previous purchases and share demand as a function of price deviation from moving averages. Price charts generated show intervals
of oscillations switching amplitude and frequency suddenly in time, forming price and trading volume patterns well-known in market technical analysis. Ultimate price trends agree with traditional predictions for specific patterns. The consideration of dynamically evolving supply and demand in this model resolves the apparent contradiction with the Efficient Market Hypothesis: perceptions of imprecise equity values by a world of investors evolve over non-negligible periods of time, with dependence on price history. |
| format | Article |
| id | doaj-art-1e3e7cc99866446e8e2916aabdcf345f |
| institution | Kabale University |
| issn | 1026-0226 1607-887X |
| language | English |
| publishDate | 2001-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Discrete Dynamics in Nature and Society |
| spelling | doaj-art-1e3e7cc99866446e8e2916aabdcf345f2025-02-03T06:06:09ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2001-01-0161374710.1155/S1026022601000048Generation of predictive price and trading volume patterns in a model of dynamically evolving free market supply and demandJ. K. Wang0Pinetree Management, Inc., 460West Mountain Road, Sparta NJ 07871, GreeceI present a model of stock market price fluctuations incorporating effects of share supply as a history-dependent function of previous purchases and share demand as a function of price deviation from moving averages. Price charts generated show intervals of oscillations switching amplitude and frequency suddenly in time, forming price and trading volume patterns well-known in market technical analysis. Ultimate price trends agree with traditional predictions for specific patterns. The consideration of dynamically evolving supply and demand in this model resolves the apparent contradiction with the Efficient Market Hypothesis: perceptions of imprecise equity values by a world of investors evolve over non-negligible periods of time, with dependence on price history.http://dx.doi.org/10.1155/S1026022601000048 |
| spellingShingle | J. K. Wang Generation of predictive price and trading volume patterns in a model of dynamically evolving free market supply and demand Discrete Dynamics in Nature and Society |
| title | Generation of predictive price and trading volume patterns in a model of dynamically evolving free market supply and demand |
| title_full | Generation of predictive price and trading volume patterns in a model of dynamically evolving free market supply and demand |
| title_fullStr | Generation of predictive price and trading volume patterns in a model of dynamically evolving free market supply and demand |
| title_full_unstemmed | Generation of predictive price and trading volume patterns in a model of dynamically evolving free market supply and demand |
| title_short | Generation of predictive price and trading volume patterns in a model of dynamically evolving free market supply and demand |
| title_sort | generation of predictive price and trading volume patterns in a model of dynamically evolving free market supply and demand |
| url | http://dx.doi.org/10.1155/S1026022601000048 |
| work_keys_str_mv | AT jkwang generationofpredictivepriceandtradingvolumepatternsinamodelofdynamicallyevolvingfreemarketsupplyanddemand |