Application of financial market approaches related to uncertainty into the area of Corporate Finance
Václav Leinweber
Ekonomika a Management, 2012, vol. 2012, issue 2, 24-36
Abstract:
Methods how to face the uncertainty has been developed for a long time in area of financial markets, therefore many applicable approaches, capable to deal with the matter of uncertainty are available. Combining these methods with Bart Kosko´s theory of fuzzy sets results on general principle show to deal with uncertainty. The paperworks with month, week and daily Charts, based on CFD-SP500.I figures. Using indicators MACDH and RSI enabled evaluation of prospective occurance of divergence, where fuzzy approach, based on Bart Kosko theory of fuzzy sets, comprising charts of Kosko´s two-dimensionals fuzzy hypercubes, was adapted with regard to a requirement to describe both long and short position in the same 2-D hypercube chart. This modified hypercube enables very easy interpretation of all collected results, received via analysis of particular indicators.
Keywords: uncertainty; CFD; Divergence; Fuzzy; Kosko; MACDH; RSI; SP500.I; CFD; Divergence; Fuzzy; Kosko; MACDH; Neurčitost; RSI; SP500.I (search for similar items in EconPapers)
JEL-codes: G10 (search for similar items in EconPapers)
Date: 2012
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