Search results for " rule"
showing 10 items of 628 documents
Technical Trading Rules
2017
This chapter reviews the most common trend-following rules that are based on moving averages of prices. It also discusses the principles behind the generation of trading signals in these rules. This chapter also illustrates the limitations of these rules and argues that the moving average trading rules are advantageous only when the trend is strong and long-lasting.
Trading the Standard and Poor’s Composite Index
2017
This chapter utilizes the longest historical sample of data on the SP whether the choice of moving average influences the performance of trading rules; how accurately the trading rules identify the bullish and bearish stock market trends; whether there is any advantage in trading daily rather than monthly; and how persistent is the outperformance delivered by the moving average trading rules. The results of this study allow us to revisit the myths regarding the superior performance of the moving average trading rules in this well-known stock market and fully understand their advantages and disadvantages.
Trend Following with Momentum Versus Moving Average: A Tale of Differences
2018
Despite the ever-growing interest in trend following and a series of publications in academic journals, there is still a great shortage of theoretical results on the properties of trend following rules. Our paper fills this gap by comparing and contrasting the two most popular trend following rules, the Momentum (MOM) and Moving Average (MA) rules, from a theoretical perspective. Our approach is based on the return-based formulation of trading rules and modelling the price trends by an autoregressive return process. We provide theoretical results on the similarity between various trend following rules and the forecast accuracy of trading rules. Our results show that the similarity between t…
ENTREACTO / ENTR?ACTE Un film / A Film Chopin y los Sand, amor a cuatro bandas. Aproximación a la esfera privada de Fryderyk Chopin a partir de la pe…
2021
Two centuries later, the legend Chopin-Sand continues to supply the collective imaginary with vague readings, where historical truthfulness, let alone musical truth, is often contingent on the literary. The much discussed and bellicose romance between the Polish composer and the French novelist, George Sand, tends to some reductionism and evades an obvious reality: Fryderyk Chopin meets George Sand when she was already the mother of two children. This circumstance suggests reformulating certain romantic stereotypes. Jerzy Antczak?s biographical film Pragnienie Mi?o?ci (Chopin: Desire for Love, 2002) does not overlook this detail and makes it one of its narrative axes. The relationship betwe…
Du verbe instrumental dans la musique subsaharienne
2021
Sub-Saharan music results from the spoken language/instrumental language relation, directed by an oral culture. In this culture, these languages transmit ? beyond their singularities ? messages thanks to either a coded signal known by the linguistic community or previously defined among a group of individuals, or is used as a true meta-language copied on the articulated and usual language used every day. Here, an instrumental musical speech can then imitate and reproduce the tonal inflexions of the language to make its matter understandable. This fact is the natural result of a strong interaction and interrelation between the spoken language and the music as well as the conception that the …
Cities, hinterlands and agglomeration shadows: spatial developments in Finland over 1880-2004
2011
This paper analyzes long-term spatial developments in Finland by focusing on two predictions of the new economic geography (NEG) models, the increasing persistence of locational patterns and the emerging agglomeration shadow, i.e. the rising dominance of growth centers. Pre- and post-war periods are distinguished to roughly express the shift from an agriculture-based economy to a post-industrial country. The analyses base on the assumption that each of the 19 Finnish regions has a center of its own and the rest of the region forms its local hinterland. The empirical analysis is based on regional population data from 1880 to 2004 at decade intervals. First, to analyze the persistence of loca…
Consistency of Probability Decision Rules and Its Inference in Probability Decision Table
2012
In most synthesis evaluation systems and decision-making systems, data are represented by objects and attributes of objects with a degree of belief. Formally, these data can be abstracted by the form (objects; attributes; P), wherePrepresents a kind degree of belief between objects and attributes, such that,Pis a basic probability assignment. In the paper, we provide a kind of probability information system to describe these data and then employ rough sets theory to extract probability decision rules. By extension of Dempster-Shafer evidence theory, we can get probabilities of antecedents and conclusion of probability decision rules. Furthermore, we analyze the consistency of probability de…
Normative Legal Positivism, Neutrality, and the Rule of Law
2013
Usually, in jurisprudential debates what is discussed under the rubric of ‘neutrality’ is the claim that jurisprudence is (or at least can, and should be) a conceptual, or descriptive - thus, non-normative, or morally neutral - inquiry. I discuss neutrality in an altogether different sense, namely, neutrality as an ethico-political ideal the law should meet. My starting point is normative legal positivism, or the claim that it is a good and desirable thing that the laws have easily identifiable, readily accessible, as far as possible non-controversial social sources. What justifies normative legal positivism, I claim, is the value - or the ideal - of neutrality, suitably understood. I.e., w…
Masonry Sail Vaults in Maltese Architecture: Geometrical Analysis for the Study of Building Processes
2023
This research concerns the introduction and dissemination of masonry sail vaults in Malta between the sixteenth and the eighteenth centuries. A digital survey is produced to capture a reality-based 3D model, undertake analysis, and compare case studies with the aim of interpreting the sail vaults' construction systems.
Processing of audiovisual associations in the human brain: dependency on expectations and rule complexity
2012
In order to respond to environmental changes appropriately, the human brain must not only be able to detect environmental changes but also to form expectations of forthcoming events. The events in the external environment often have a number of multisensory features such as pitch and form. For integrated percepts of objects and events, crossmodal processing, and crossmodally induced expectations of forthcoming events are needed. The aim of the present study was to determine whether the expectations created by visual stimuli can modulate the deviance detection in the auditory modality, as reflected by auditory event-related potentials (ERPs). Additionally, it was studied whether the complexi…