Publication detail
Fuzzy Logic Decision Support for Long-term Investing in the Financial Markets
BROŽ, Z. DOSTÁL, P.
Original Title
Fuzzy Logic Decision Support for Long-term Investing in the Financial Markets
Czech Title
Podpora dlouhodobého investování na finančních trzích s pomocí fuzzy logiky
English Title
Fuzzy Logic Decision Support for Long-term Investing in the Financial Markets
Type
journal article
Language
en
Original Abstract
This paper discusses the use of fuzzy logic and modeling as a decision support for long-term investment decisions in the financial markets. A simple model is proposed to calculate recommendations for investors. This research required thorough analysis of historical data that lead to the discovery of interesting dependencies between the Dow Jones index, currency pairs, oil price and the VIX volatility index. The fuzzy model uses several input variables that are used to simplify the complex conditions in the financial markets. The purpose of the model is to evaluate the current market situation, compare the current situation to similar situations in the past and to provide investment recommendations for long-term future investing.
Czech abstract
Příspěvek se zabývá problematikou podpory dlouhodobého investování na finančních trzích s pomocí fuzzy logiky.
English abstract
This paper discusses the use of fuzzy logic and modeling as a decision support for long-term investment decisions in the financial markets. A simple model is proposed to calculate recommendations for investors. This research required thorough analysis of historical data that lead to the discovery of interesting dependencies between the Dow Jones index, currency pairs, oil price and the VIX volatility index. The fuzzy model uses several input variables that are used to simplify the complex conditions in the financial markets. The purpose of the model is to evaluate the current market situation, compare the current situation to similar situations in the past and to provide investment recommendations for long-term future investing.
Keywords
Fuzzy logic, decision making, investing, financial market
RIV year
2012
Released
05.09.2012
Publisher
Springer-Verlag
Location
Berlin Heildeberg
Pages from
113
Pages to
123
Pages count
11
URL
BibTex
@article{BUT93833,
author="Zdeněk {Brož} and Petr {Dostál}",
title="Fuzzy Logic Decision Support for Long-term Investing in the Financial Markets",
annote="This paper discusses the use of fuzzy logic and modeling as a decision support for long-term investment decisions in the financial markets. A simple model is proposed to calculate recommendations for investors. This research required thorough analysis of historical data that lead to the discovery of interesting dependencies between the Dow Jones index, currency pairs, oil price and the VIX volatility index. The fuzzy model uses several input variables that are used to simplify the complex conditions in the financial markets. The purpose of the model is to evaluate the current market situation, compare the current situation to similar situations in the past and to provide investment recommendations for long-term future investing.",
address="Springer-Verlag",
chapter="93833",
institution="Springer-Verlag",
number="1",
volume="192",
year="2012",
month="september",
pages="113--123",
publisher="Springer-Verlag",
type="journal article"
}