Title page for etd-0612113-160033


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URN etd-0612113-160033
Author Hsiu-yueh Wu
Author's Email Address No Public.
Statistics This thesis had been viewed 5351 times. Download 316 times.
Department Finance
Year 2012
Semester 2
Degree Master
Type of Document
Language zh-TW.Big5 Chinese
Title Investment Performance of Technical Analysis on the Basis of Moving Average
Date of Defense 2013-06-25
Page Count 52
Keyword
  • Candlestick
  • Moving average
  • Williams Overbought/Oversold Index
  • Technical analysis
  • Abstract In this research, we attempt to test whether technical analysis can help investors earn positive returns with the trading strategy constructed on the basis of moving average. The proposed trading rules are based on moving average (MA) combined with Williams Overbought/Oversold Index (WMS%R) and a breakthrough red candlestick. We have chosen the firms listed in Taiwan 100 Mid-Cap Index as research samples with the sample period between 2001/01/01 and 2012/12/31. The results show that the trading rules used generate remarkable performance and can help earn positive returns with great probability. Empirical evidence indicates that there exist technical trading strategies which can help investors make a profit and that Taiwan Stock Market does not comply with weak form of efficient market hypothesis.
    Advisory Committee
  • Ming-Chi Chen - chair
  • Yan-Shing Chen - co-chair
  • Chun-Hua Tang - advisor
  • Files
  • etd-0612113-160033.pdf
  • Indicate in-campus at 0 year and off-campus access at 5 year.
    Date of Submission 2013-07-12

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