Title
Implementation And Validation Of An Opportunistic Stock Market Timing Heuristic: One-Day Share Volume Spike As Buy Signal
Keywords
Decision support systems; Expert systems; Forecasting; Heuristics
Abstract
This paper presents the results of simulated trading on long time series price and share volume data for the Dow Jones Industrial Average and Standard and Poor's 500 Index. Robust and systematic results demonstrate strong support for the effectiveness of the market trading heuristic of buying when one-day share trading volume spikes. Implementation of the methods is straightforward and may be readily accomplished with spreadsheet technology for decision support applications. © 2007 Elsevier Ltd. All rights reserved.
Publication Date
11-1-2008
Publication Title
Expert Systems with Applications
Volume
35
Issue
4
Number of Pages
1628-1637
Document Type
Article
Personal Identifier
scopus
DOI Link
https://doi.org/10.1016/j.eswa.2007.08.063
Copyright Status
Unknown
Socpus ID
48749129189 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/48749129189
STARS Citation
Leigh, William and Purvis, Russell, "Implementation And Validation Of An Opportunistic Stock Market Timing Heuristic: One-Day Share Volume Spike As Buy Signal" (2008). Scopus Export 2000s. 9373.
https://stars.library.ucf.edu/scopus2000/9373