Title: Linear Regression Model for Composite Stock Index of Shanghai Stock Exchange Centre(Daily
Abstract: According to the theories of technical analysis and the basic assumptions,by making use of the closing price,high price,low price and turnover,and closing price,high price,low price and turn over in the past few trading days,is can be established the Linear Regression Model of the composite stock index of the Shanghai Stock Exchange centre.This model manifests that current composite stock index of the Shanghai Stock Exchange centre have linear relationship with closing price,high prices,low prices,and turnover in the past few trading days.And this model makes forecast value fit actual very well.Because individual value estimated deviates actual value bigger,using the model for forecast still have to give the substantial evidence with the other method.
Publication Year: 2006
Publication Date: 2006-01-01
Language: en
Type: article
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