TY - SER AU - Hwang,Jeng-tay AU - Saeed,Khalid AU - Tang,John C.S. AU - Amin,A.T.M.Nurul ED - Government of Republic of China, TI - An analysis of stock trends in Taiwan T2 - Research studies project report PY - 1989/// CY - Bangkok PB - Asian Institute of Technology KW - Stock exchanges KW - Taiwan N1 - A research study report submitted in partial fulfillment of the requirement for degree of Master of Engineering; Research Studies Project Report (M.Eng.) - Asian Institute of Technology, 1989 N2 - There are three approaches to evaluating stock trends, i. e. technical analysis, fundamental analysis, and efficient market hypothesis. In Taiwan stock market, technical analysis is one of the major factors which has resulted in high transaction rate of listed shares. This paper explores the substantial result of the technical trading rule by comparing with buy-and-hold strategy. The results show that the rate of return and price movement by buy-and-hold strategy were larger than by technical trading rule; hence, the investors need not crave for benefit by frequent transactions. Technical analysis is basically often a matter of judgment and very subjective in interpretation. The papers also present, the fund amental concepts of investment, the development of Taiwan stock market, and the principle of fundamental analysis and efficient market hypothesis as alternative stock evaluation strategies UR - http://203.159.5.9/ait-thesis/detail.php?q=B17546 ER -