A hybrid stock trading strategy based on fundamental and technical analysis

被引：0
|
作者：
Simutis, Rimvydas [1 ]
Masteika, Saulius [1 ]
机构：
[1] Vilnius State Univ, Fac Human, LT-44280 Kaunas, Lithuania
来源：
PROCEEDINGS OF THE 2006 SEVENTH INTERNATIONAL BALTIC CONFERENCE ON DATABASES AND INFORMATION SYSTEMS (BALTIC DB&IS 2006) | 2006年
关键词：
D O I：
暂无
中图分类号：
TP18 [人工智能理论];
学科分类号：
081104 ; 0812 ; 0835 ; 1405 ;
摘要：
A contribution of this paper lies in novel combination of fundamental and technical analysis for creation of hybrid stock trading strategy. The proposed strategy consists of two steps: on the first step the stock screening tools are used to select stocks that meet certain fundamental criteria; on the second step technical analysis for the selected stocks is applied and highest ranked stocks are recommended for the trader's portfolio. These stocks are being hold for fixed time interval then sold and replaced with the new ones with the highest rank. The proposed hybrid trading strategy was tested using historical data records from the USA stock market (2005-2006). The trading strategy had given significantly higher returns if compared to the benchmark (SP500) and to the results of trading strategy based only on technical analysis.
引用
收藏
页码：113 / 121
页数：9
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