Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055229 | Economic Modelling | 2010 | 9 Pages |
Abstract
This article focuses on investor behavior and, consequently, the mood in the market. By using a self-organizing network we develop a model which tries to capture the market mood and serves as an indicator of the reasonableness of selling or purchasing securities. In this sense, the final result of this model is the same as in the model-type prediction of future stock prices, with the only exception being that one is not required to know the concrete future values of the selected security. This will indirectly support the hypothesis that psychological factors are an important (if not key) market driving force.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Timotej Jagric, Tanja Markovic-Hribernik, Sebastjan Strasek, Vita Jagric,