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Stock mechanics: energy conservation theory and the fundamental line of DJIA

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  • Caglar Tuncay

Abstract

DJIA is tested whether it can be described as a mechanical system conserving total energy with K (=v*v/2) + U, where U is calculated as the negative of work done by force obtained in terms of the second derivative of price, assuming unit mass.

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  • Caglar Tuncay, 2005. "Stock mechanics: energy conservation theory and the fundamental line of DJIA," Papers physics/0508023, arXiv.org.
    • Handle: RePEc:arx:papers:physics/0508023
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