Footprints of Chaos in the Markets

Footprints of Chaos in the Markets

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qIf price action is considered to be the product of a random walk only unpredictable news can affect prices, and it is therefore impossible to accurately predict market movement.q qRichard Urbach counters this thinking by applying a new set of mathematical techniques to the financial markets, arguing that it is possible to accurately analyze the time series (or 'footprints') of chaotic real systems, map their underlying patterns, and predict future trends.q qFootprints of Chaos is the first book to examine the opportunities presented by this new thinking, and is aimed directly at the investment analysts who can benefit from it.q--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved... the system reconstructed from experimental data with a delay coordinate map, provided the reconstruction dimension ... The reasons for the non-linearity at extreme values of e in the plots are discussed below under the scaling region rubric.

Title:Footprints of Chaos in the Markets
Author:Richard M. A. Urbach
Publisher:Financial Times Management - 2000


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