Doctoral Dissertations
Abstract
"This study presents an application of operations research techniques to the development of stock price generation and simulation models to aid in the understanding of price movement. Relationships between stock price and volume and stock price and market averages which follow descernible trends and patterns are discovered. Technical trading rules are developed based on these relationships which empirically have shed doubt on the random walk hypothesis of price movement. This in turn gives evidences that technical analysis can be an aid to price forecasting"--Abstract, page ii.
Advisor(s)
Ho, C. Y. (Chung You), 1933-1988
Committee Member(s)
Bain, Lee J., 1939-
Pagano, Sylvester J., 1924-2006
Gillett, Billy E.
Carlile, Robert E.
Department(s)
Mathematics and Statistics
Degree Name
Ph. D. in Mathematics
Publisher
University of Missouri--Rolla
Publication Date
1972
Pagination
viii, 108 pages
Note about bibliography
Includes bibliographical references (pages 97-99)
Rights
© 1972 Donald Leroy Gaitros, All rights reserved.
Document Type
Dissertation - Open Access
File Type
text
Language
English
Subject Headings
Stock price forecasting
Stocks -- United States
Random walks (Mathematics)
Thesis Number
T 2769
Print OCLC #
6034306
Electronic OCLC #
893628900
Link to Catalog Record
Recommended Citation
Gaitros, Donald Leroy, "Nonrandom characteristics of common stock prices" (1972). Doctoral Dissertations. 206.
https://scholarsmine.mst.edu/doctoral_dissertations/206
