指数和简单移动平均线交叉策略的盈利能力以及趋势交易的盈利能力

IF 1.6 3区经济学 Q2 ECONOMICS

Economica Pub Date : 2023-11-25 DOI:10.47282/economica/2023/14/3-4/13490

Balázs Levente Tóth, Balázs Fazekas

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引用次数: 0

摘要

研究重点是根据指标信号进行交易，特别是研究使用移动平均线交叉的策略。论文的主要目的之一是分析简单移动平均线交叉策略和指数移动平均线交叉策略之间的效率差异。此外，研究还探讨了趋势跟踪交易对指标性能的影响。研究以市值最高的公司为例，测试了指标的表现。文章的主要结论是，在所研究的股票中，并不存在优越的指标。此外，在上升趋势占主导地位期间，买入并持有策略的表现优于基于指标的主动交易策略。

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Profitability of exponential and simple moving average crossover strategy and the profitability of trend trading

The study focused on trading based on the signals of indicators, specifically examining a strategy using moving average crossovers. One of the main purposes of the paper was to analyse the efficiency differences between the simple and exponential moving average crossover strategies. Additionally, the study explored the impact of trend-following trading on the performance of indicators. The research tested the performance of indicators using the example of companies with the highest market capitalization. The main conclusion of the article is that there was no superior indicator in cases of the examined stocks. Furthermore, during periods of predominantly rising trends, the buy-and-hold strategy outperformed the active trading strategy based on indicators.

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来源期刊

Economica ECONOMICS-

CiteScore

2.40

自引率

0.00%

发文量

审稿时长

5 weeks

期刊介绍： Economica is an international journal devoted to research in all branches of economics. Theoretical and empirical articles are welcome from all parts of the international research community. Economica is a leading economics journal, appearing high in the published citation rankings. In addition to the main papers which make up each issue, there is an extensive review section, covering a wide range of recently published titles at all levels.