Stock mechanics: predicting recession in S&P500, DJIA, and NASDAQ
arXiv:physics/0506098 · doi:10.1007/s11534-005-0006-6
Abstract
An original method, assuming potential and kinetic energy for prices and conservation of their sum is developed for forecasting exchanges. Connections with power law are shown. Semiempirical applications on S&P500, DJIA, and NASDAQ predict a coming recession in them. An emerging market, Istanbul Stock Exchange index ISE-100 is found involving a potential to continue to rise.
14 pages, 4 figures
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- Stock mechanics: a general theory and method of energy conservation with applications on DJIA
- Analysis of the trends in the index of the Dow Jones Industrial Average (DJIA) of the New York Stock Exchange (NYSE)
- Stock mechanics: theory of conservation of total energy and predictions of coming short-term fluctuations of Dow Jones Industrials Average (DJIA)