dc.contributor.author | Wei, Ni Soh | |
dc.contributor.author | Fakarudin, Kamarudin | |
dc.contributor.author | Tor, Nee Pang | |
dc.contributor | School of Business & Economics, Universiti Putra Malaysia (UPM) | en_US |
dc.creator | Tor, Nee Pang | |
dc.date.accessioned | 2023-01-30T13:46:38Z | |
dc.date.available | 2023-01-30T13:46:38Z | |
dc.date.issued | 2022-10 | |
dc.identifier.citation | International Journal of Business and Technopreneurship, vol.12(3), 2022, pages 1-10 | en_US |
dc.identifier.issn | 2231-7090 (printed) | |
dc.identifier.issn | 2232-1543 (online) | |
dc.identifier.uri | http://dspace.unimap.edu.my:80/xmlui/handle/123456789/77809 | |
dc.description | Link to publisher's homepage at https://ijbt.unimap.edu.my | en_US |
dc.description.abstract | This paper uses range bar and Ergodic Theory to study early price trends for USD/CNY
currency in China from 2015 to 2019. The main results indicated that early price trend
detection can be achieved within two standard deviations. During the range-bound
trading period,sample showed that atleast 68% of frequency mean result suggested that
range bar solved price trend formation. This paper is further analysed to obtain at least
a 0.8 correlation coefficient sample suggested that Ergodic Theory prevented overpriced
hedge trends. This paper intends to improve price trend detection earlier than trend
following methodology. Therefore, the authorities shall consider implementing early
price trend detection models to improve the liquidity of local currency. | en_US |
dc.language.iso | en | en_US |
dc.publisher | School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP) | en_US |
dc.subject.other | China | en_US |
dc.subject.other | Currency | en_US |
dc.subject.other | Ergodic Process | en_US |
dc.subject.other | Range Bar | en_US |
dc.title | Impact of range bar and Ergodic process on early price trend detection using evidence from USD/CNY currency | en_US |
dc.type | Article | en_US |
dc.identifier.url | https://ijbt.unimap.edu.my | |
dc.contributor.url | torneepang@gmail.com | en_US |