Stock mechanics: energy conservation theory and the fundamental line of DJIA

Caglar Tuncay

Papers from arXiv.org

Abstract: DJIA is tested whether it can be described as a mechanical system conserving total energy with K (=v*v/2) + U, where U is calculated as the negative of work done by force obtained in terms of the second derivative of price, assuming unit mass.

Date: 2005-08
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