"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.
Ho, C. Y. (Chung You), 1933-1988
Bain, Lee J., 1939-
Pagano, Sylvester J., 1924-2006
Gillett, Billy E.
Carlile, Robert E.
Mathematics and Statistics
Ph. D. in Mathematics
University of Missouri--Rolla
viii, 108 pages
© 1972 Donald Leroy Gaitros, All rights reserved.
Dissertation - Open Access
Library of Congress Subject Headings
Stock price forecasting
Stocks -- United States
Random walks (Mathematics)
Print OCLC #
Electronic OCLC #
Link to Catalog Recordhttp://laurel.lso.missouri.edu/record=b1066494~S5
Gaitros, Donald Leroy, "Nonrandom characteristics of common stock prices" (1972). Doctoral Dissertations. 206.