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008 121095s1989 th uu m rtt 00| a1eng d
035 _a.b10069586
099 9 _aAIT RSPR no. IE-89-03
100 1 _aHwang, Jeng-tay
245 1 3 _aAn analysis of stock trends in Taiwan
260 _aBangkok :
_bAsian Institute of Technology,
_c1989
300 _a78 p. +
_e1 online resource
490 1 _aResearch studies project report ;
_vno. IE-89-3
500 _aA research study report submitted in partial fulfillment of the requirement for degree of Master of Engineering
502 _aResearch Studies Project Report (M.Eng.) - Asian Institute of Technology, 1989
520 _aThere 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.
650 0 _aStock exchanges
_xTaiwan
700 1 _aSaeed, Khalid,
_eChairperson
700 1 _aTang, John C.S.,
_eExamination Committee
700 1 _aAmin, A.T.M. Nurul,
_eExamination Committee
710 2 _aGovernment of Republic of China,
_eScholarship donor
810 2 _aAsian Institute of Technology.
_tResearch studies project report ;
_vno. IE-89-3
856 _3Full-Text
_uhttp://203.159.5.9/ait-thesis/detail.php?q=B17546
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