The trend is not your friend! Why empirical timing success is determined by the underlying's price characteristics and market efficiency is irrelevant
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More about this item
Keywordsbootstrapping; market efficiency; market timing; parameterized simulation; performance analysis; return distribution; technical analysis; technical trading;
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-CMP-2012-02-27 (Computational Economics)
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