Open AccessProfitability of Technical Trading Rules on the Baltic Stock Markets
Author(s) -
Carl Lönnbark,
Albina Soultanaeva
Publication year - 2008
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.1490291
Subject(s) - profitability index , business , stock (firearms) , technical analysis , financial economics , alternative trading system , commerce , monetary economics , economics , algorithmic trading , finance , geography , archaeology
In this note we study whether simple technical trading rules are protable on the three Baltic stock markets. To statistically assess ourndings we consider the conventional t-test and a block-bootstrap procedure. The two evaluation methods give conicting results. The t-test supports some of the rules, while the block-bootstrap does not.
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