Open AccessAgricultural Markets’Analysis and Forecasting on the Base of Fractal Price Cycles Modelling
Author(s) -
Marina Iurkova,
Еlena Lihovtsova,
Ludmila Evsukova,
Е В Садовникова
Publication year - 2018
Publication title -
international journal of engineering and technology
Language(s) - English
Resource type - Journals
ISSN - 2227-524X
DOI - 10.14419/ijet.v7i3.15.18682
Subject(s) - fractal , investment (military) , agrarian society , fractal analysis , economics , agriculture , sunflower , econometrics , financial economics , mathematics , fractal dimension , geography , mathematical analysis , archaeology , combinatorics , politics , political science , law
The article is devoted to the agricultural markets’ analysis (grains and sunflower) as an integral system having its peculiarities which make it different from other markets. These specific features are connected with heterogeneity of participants following various aims and working in different investment horizons, as well as seasonal functioning of this market. The calculations have been given proving the E. Peters’ hypothesis on the presence of fractal agricultural markets. The research adjusts the use of the fractal markets’ analysis results in creating agrarian markets models and the possibility of forecasting its participants’ and prices behavior taking into consideration models’ data simplification.