Cover Image

Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency

Link to publisher's homepage at https://ijbt.unimap.edu.my

Saved in:
Bibliographic Details
Main Authors: Tor, Nee Pang, Wei, Ni Soh, Fakarudin, Kamarudin
Other Authors: torneepang@gmail.com
Format: Article
Language:English
Published: School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP) 2023
Subjects:
China
Currency
Ergodic Process
Range Bar
Online Access:http://dspace.unimap.edu.my:80/xmlui/handle/123456789/77809
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.unimap-77809
record_format dspace
spelling my.unimap-778092023-01-30T13:46:38Z Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency Tor, Nee Pang Wei, Ni Soh Fakarudin, Kamarudin Tor, Nee Pang torneepang@gmail.com School of Business & Economics, Universiti Putra Malaysia (UPM) China Currency Ergodic Process Range Bar Link to publisher's homepage at https://ijbt.unimap.edu.my This paper uses range bar and Ergodic Theory to study early price trends for USD/CNY currency in China from 2015 to 2019. The main results indicated that early price trend detection can be achieved within two standard deviations. During the range-bound trading period,sample showed that atleast 68% of frequency mean result suggested that range bar solved price trend formation. This paper is further analysed to obtain at least a 0.8 correlation coefficient sample suggested that Ergodic Theory prevented overpriced hedge trends. This paper intends to improve price trend detection earlier than trend following methodology. Therefore, the authorities shall consider implementing early price trend detection models to improve the liquidity of local currency. 2023-01-30T13:46:38Z 2023-01-30T13:46:38Z 2022-10 Article International Journal of Business and Technopreneurship, vol.12(3), 2022, pages 1-10 2231-7090 (printed) 2232-1543 (online) http://dspace.unimap.edu.my:80/xmlui/handle/123456789/77809 https://ijbt.unimap.edu.my en School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP)
institution Universiti Malaysia Perlis
building UniMAP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Perlis
content_source UniMAP Library Digital Repository
url_provider http://dspace.unimap.edu.my/
language English
topic China
Currency
Ergodic Process
Range Bar
spellingShingle China
Currency
Ergodic Process
Range Bar
Tor, Nee Pang
Wei, Ni Soh
Fakarudin, Kamarudin
Tor, Nee Pang
Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency
description Link to publisher's homepage at https://ijbt.unimap.edu.my
author2 torneepang@gmail.com
author_facet torneepang@gmail.com
Tor, Nee Pang
Wei, Ni Soh
Fakarudin, Kamarudin
Tor, Nee Pang
format Article
author Tor, Nee Pang
Wei, Ni Soh
Fakarudin, Kamarudin
Tor, Nee Pang
author_sort Tor, Nee Pang
title Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency
title_short Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency
title_full Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency
title_fullStr Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency
title_full_unstemmed Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency
title_sort impact of range bar and ergodic process on early price trend detection using evidence from usd/cny currency
publisher School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP)
publishDate 2023
url http://dspace.unimap.edu.my:80/xmlui/handle/123456789/77809
_version_ 1772813111628136448
score 13.214268

Similar Items