• ISSN: 2010-023X (Print)
    • Abbreviated Title: Int. J. Trade, Economics and Financ.
    • Frequency: Quaterly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Managing Editor: Ms. Shira. W. Lu
    • Abstracting/ Indexing:  Crossref, Electronic Journals Library , EBSCO
    • E-mail: ijtef.editorial.office@gmail.com
IJTEF 2020 Vol.11(5): 98-103 ISSN: 2010-023X
DOI: 10.18178/ijtef.2020.11.5.674

Index Forecast Study Based on Amended Weighted Markov Chain in China

Yanpeng Sun

Abstract—Shanghai Composite Index is one of the most representative indexes of Chinese stock market index that is the gauge of national economy and the direction to economic development, therefore, the forecast study on Shanghai Composite index is of great significance in theory and practice. Through analysis, fluctuation of the short-term Shanghai Composite Index conforms to fundamental assumption of Markov chain forecast. This paper mainly amended weighted Markov chain model to study and forecast short-term trend of Shanghai Composite Index, hoping to facilitate investors and potential investors to make investment decisions and provide reference for them.

Index Terms—Amended weighted Markov chain, composite index in China, trend forecast.

Yanpeng Sun is with the School of Economics, Qingdao University, Qingdao Shandong, 266071, China (e-mail: jjxy_syp@163.com).

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Cite: Yanpeng Sun, "Index Forecast Study Based on Amended Weighted Markov Chain in China," International Journal of Trade, Economics and Finance vol.11, no.5, pp. 98-103, 2020.

Copyright © 2020 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

 

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