Title :
Web-based system for evaluating day trading strategies
Author :
Peruyero, Juan Ricardo Rivera ; Marti-Puig, Pere
Author_Institution :
Dept. of Digital Inf. Technol., Univ. of Vic (UVic), Vic, Spain
Abstract :
This work evaluates two simple speculation methods in terms of the mean losses and benefits they produce under different market conditions, after 200 days of activity. One of the methods is widely known while the other is proposed by the authors. An application was developed to mine the prices of financial assets from free web information providers. The results relate to stocks of the Spanish IBEX-35.
Keywords :
Internet; electronic commerce; financial data processing; financial management; Spanish IBEX-35 stocks; Web-based system; day trading strategy evaluation; financial asset management; financial asset prices; speculation methods; Biological system modeling; Data mining; Gaussian distribution; Histograms; Next generation networking; Stock markets; Web services; automatic trading systems; data mining; speculation systems;
Conference_Titel :
Next Generation Web Services Practices (NWeSP), 2011 7th International Conference on
Conference_Location :
Salamanca
Print_ISBN :
978-1-4577-1125-1
DOI :
10.1109/NWeSP.2011.6088186
