Fundamental analysis and technical analysis integrated system for stock filtration

Eiamkanitchat, Narissara; Moontuy, Theerasak; Ramingwong, Sakgasit

doi:10.1007/s10586-016-0694-2

Cited by 15 publications

(7 citation statements)

References 5 publications

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“…where 1  t EMA is the EMA value of the day before, C shows the current closing price of stocks, and  represents the weighting degree or an arbitrary smoothing constant between null and one, i.e., ˆ[0,1]   [13]. Generally, the appropriate smoothing constant  is calculated as [14].…”

Section: Methodsmentioning

confidence: 99%

“…EMA has a slightly better smoothing/accuracy ratio than Simple Moving Average [12]. In addition, Eiamkanitchat, Moontuy, & Ramingwong [13] also recommend EMA as a suitable predictive indicator of trading, other than Moving Average Convergence Divergence, Relative Strength Index, Stochastic Oscillator, that consequently gains a promising profit (average earning and average hold days) in the Stock Exchange of Thailand. The difference between the current study and previous studies lies in the combination of mRVAL and EMA in such a way as to choose the proper portfolio and predict transaction momentum during the pandemic era.…”

Section: Introductionmentioning

confidence: 99%

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The Technical Approach for Measuring the Performance of the Malaysian Shariah Stocks During the COVID-19 Outbreak

Mussafi¹,

Ismail²

2021

Proceedings of the International Conference on Science and Engineering (ICSE-UIN-SUKA 2021)

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The COVID-19 outbreak affects all aspects of life including stocks trading. This paper aims to highlight the performance of Malaysian Shariah stocks during the COVID-19 outbreak by employing modified Reward to Variability (mRVAL) and EMA (Exponential Moving Average). The analysis of individual stocks started by mRVAL to consider the risk-adjusted return and followed by EMA to predict the buy or sell momentum. The dataset considers the historical price of the top-rated constituents of FTSE Bursa Malaysia EMAS Shariah Index among the three waves of the COVID-19 outbreak in Malaysia, particularly in 2020. The result shows that TPGC outperforms others in the risk-return ratio with a value of 0.0621. Meanwhile, the buy signal of TPGC falls on October 1, 2020, while the selling momentums are suggested around a month before and after the buy signal. Overall, most of the shariah stocks showed a downward trend of volatility in 2020 compared to the previous year. However, TPGC (a health care sector) has surprisingly improved during the COVID-19 outbreak.

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Section: Methodsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

The Technical Approach for Measuring the Performance of the Malaysian Shariah Stocks During the COVID-19 Outbreak

Mussafi¹,

Ismail²

2021

Proceedings of the International Conference on Science and Engineering (ICSE-UIN-SUKA 2021)

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“…Make sure the strategy fits your situation. Successful investment involves patience, discipline, and strategy (Eiamkanitchat et al, 2017). Even the finest methods might underperform in the stock market.…”

Section: Understanding the World Of Stock Tradingmentioning

confidence: 99%

Decoding the Magic Formula: Navigating the Complex World of Stock Trading

Wicaksono,

Setiawan

2023

ARISTO

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Stock trading is complicated and risky. Investors' conditions, aspirations, and viewpoints shape their journeys. This article examines stock trading and investing, focusing on Joel Greenblatt's "The Little Book That Beats the Market" and "Magic Formula" investment technique. Greenblatt's book argues that stock trading is better than saving. The "Magic Formula" focuses on return on capital and earnings yield and is simple but effective. The Magic Formula helps investors find cheap, high-quality firms by evaluating them by these two ratios. The Magic Formula, like every investment approach, has limitations. Its success depends on the investor's goals, risk tolerance, and situation. The Magic Formula works for some investors but not others. This emphasizes the need of personalizing one's financial approach and knowing that one size does not fit all. Greenblatt also stresses the significance of knowing and believing in the Magic Formula, even when it seems to be failing. He believes that effective investing requires both picking the correct companies and sticking to your strategy, even when it's hard. This emphasizes the significance of patience and discipline in investing, which are often neglected but essential for long-term success. The Magic Formula is one of several investment techniques and theories, each with its own assumptions, methods, and risk profiles. From buy-and-hold to complicated quantitative models, these methods cover it all. Investors' goals, risk tolerance, and circumstances should determine their strategy. In conclusion, stock trading demands cautious navigation and intelligent decision-making. Joel Greenblatt's Magic Formula helps guide investors. Its effectiveness depends on the investor and is not a one-size-fits-all solution. Thus, each individual must establish their own stock trading success route with the correct knowledge, method, and mindset.

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“…Second, technical analysis focuses on the price pattern or trend of stocks, assuming that the price movement has already been influenced by key factors. Its purpose is to make a profit from stock trading at the right time, not long-term savings (Eiamkanitchat, 2017).…”

Section: Fundamental and Technical Analysis In The Crypto Marketmentioning

confidence: 99%

Money Laundering Risk in Cryptocurrency Trading Activities: Sources, Evidence and Implications from the 5 Most Traded and Valued Cryptocurrencies

2022

JGEBF

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The main purpose of this study is to investigate risk and return, in 5 crypto currencies (BTC, ETH, BNB, XRP, DOGE) that have the highest transaction volume and market capitalization. Needless to say, there are now a large number of digital currencies on the market that some coins have a futuristic and practical whitepaper that shows they have the potential to grow day by day in the future, which has made them very significant elements for investment. An extensive empirical study was performed using ten consecutive years of crypto currency data by using the closing and return prices on a monthly basis between 2010 and 2020. Those were examined and tested using various such as single root test, co-integration test, and using regression analyses. Our findings cast doubt on explanations that the behavior of crypto currencies in the future of block chain technology is similar to stocks. At the same time, the returns of crypto currency can be predicted by two factors specific to its marketsmomentum and investors' attention.

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Fundamental analysis and technical analysis integrated system for stock filtration

Cited by 15 publications

References 5 publications

The Technical Approach for Measuring the Performance of the Malaysian Shariah Stocks During the COVID-19 Outbreak

The Technical Approach for Measuring the Performance of the Malaysian Shariah Stocks During the COVID-19 Outbreak

Decoding the Magic Formula: Navigating the Complex World of Stock Trading

Money Laundering Risk in Cryptocurrency Trading Activities: Sources, Evidence and Implications from the 5 Most Traded and Valued Cryptocurrencies

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