Econophysics is a newborn field of science bridging economics and physics. A special feature of this new science is the data analysis of high-precision market data. In economics arbitrage opportunity is strictly denied; however, by observing high-precision data we can prove the existence of arbitrage opportunity. Also, financial technology neglects the possibility of market prediction; however, in this book you can find many examples of predicted events. There are other surprising findings. This volume is the proceedings of a workshop on qapplication of econophysicsq at which leading international researchers discussed their most recent results.We compare returns obtained following strategies based on the classical or the generalized technical analysis, taking into ... on NASDAQ, four stocks traded on NYSE, three major financial indices and the price of Gold will serve as illustrations.
|Title||:||The Application of Econophysics|
|Publisher||:||Springer Science & Business Media - 2012-12-06|