“…We have seen a strong correlation between past and future data series, which makes it possible for the investor to have anomalous profitability when selecting an appropriate trading strategy. The possibility of investors being able to pre-dict future price changes may lead to imbalances in financial markets, making it difficult to implement efficient portfolio diversification strategies (Alexandre, Dias, and Heliodoro, 2020;Alexandre, Heliodoro, and Dias, 2019;Dias, R. and Pereira, 2020;Dias and Carvalho, 2020;Dias, da Silva, and Dionysus, 2019;Dias, Heliodoro, and Alexandre, 2019, 2020b, 2020aDias, Heliodoro, Alexandre, Santos, and Farinha, 2021;Vasco, 2020a, 2020b;Dias, Heliodoro, Alexandre, et al, 2020a, 2020aDias, Heliodoro, Teixeira, and Godinho, 2020;Dias, Pardal, Teixeira, and Machová, 2020;Dias, Teixeira, Machova, et al, 2020;Heliodoro, Dias, Alexandre, and Vasco, 2020;Sparrow, P., Dias, R., Šuleř, P., Teixeira, N., and Krulický, 2020;Santos and Dias, 2020).…”