AN ANALYSIS OF STOCK MARKET INDICATORS

Abstract

The Dow-Jones Industrial Average, Standard and Poor (500) Index, and Barron's Confidence Index were tested by various FORTRAN programs, and the results were graphed and printed from the Control Data 1604 tapes. Moving averages of differing periods, exponential smoothing using various smoothing constants and orders, and the Trendex model were used in the analysis. These techniques are discussed and analyzed. The representative programs, printouts and graphs are included to assist in determining whether to concentrate on investment in common stock or to deemphasize this portion of the portfolio and replace it in whole or in part with cash or bonds.

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Document Details

Document Type
Technical Report
Publication Date
Jan 01, 1964
Accession Number
AD0480859

Entities

People

  • Donald J. Dunham Jr

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • C4I

DTIC Thesaurus Topics

  • Business Administration
  • Commerce
  • Computer Programs
  • Computers
  • Data Processing
  • Delphi Method
  • Disparities
  • Errors
  • Indicators
  • Inventory Control
  • Investments
  • Money
  • New Jersey
  • New York
  • Plastic Explosives
  • Standards
  • United States

Readers

  • Approximation Theory.
  • Industrial Economics
  • Regression Analysis.