| Author | Hwang, Jeng-tay |
| Call Number | AIT RSPR no. IE-89-03 |
| Subject(s) | Stock exchanges--Taiwan
|
| Note | A research study report submitted in partial fulfillment of
the requirement for degree of Master of Engineering |
| Publisher | Asian Institute of Technology |
| Abstract | There are three approaches to evaluating stock trends, i. e.
technical analysis, fundamental analysis, and efficient market
hypothesis. In Taiwan stock market, technical analysis is one of
the major factors which has resulted in high transaction rate of
listed shares. This paper explores the substantial result of the
technical trading rule by comparing with buy-and-hold strategy.
The results show that the rate of return and price movement by
buy-and-hold strategy were larger than by technical trading rule;
hence, the investors need not crave for benefit by frequent
transactions. Technical analysis is basically often a matter of
judgment and very subjective in interpretation. The papers also
present, the fund amental concepts of investment, the development
of Taiwan stock market, and the principle of fundamental analysis
and efficient market hypothesis as alternative stock evaluation
strategies. |
| Year | 1989 |
| Type | Research Study Project Report (RSPR) |
| School | School of Engineering and Technology (SET) |
| Department | Department of Industrial Systems Engineering (DISE) |
| Academic Program/FoS | Industrial Engineering (IE) |
| Chairperson(s) | Saeed, Khalid; |
| Examination Committee(s) | Tang, John C.S.;Amin, A.T.M. Nurul; |
| Scholarship Donor(s) | Government of Republic of China; |
| Degree | Research Studies Project Report (M.Eng.) - Asian Institute of Technology, 1989 |