Binomial and Chartism: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
m (Add in-page categorisation.)
 
imported>Doug Williamson
(Add link.)
 
Line 1: Line 1:
''Statistics''.
Historically, chartism was based on drawing and analysing charts of historic market prices.


Binomial models assume that there are only two possible outcomes, each time a trial is run.
(Hence the name.)
For example, a fixed percentage jump up or jump down in a market price per short time interval.  


The most common purpose is to make predictions about likely future market prices.


A binomial tree or binomial lattice can then be built up from a series of binomial outcomes, to model market prices over longer time periods.
Also known as Technical analysis.


Similar modelling can also be applied to non-financial variables.


== See also ==
* [[Breakout]]
*[[Chart]]
* [[Fundamental analysis]]
* [[Head and shoulders]]
* [[Point and figure chart]]
* [[Resistance level]]
* [[Scatter diagram]]
* [[Support level]]
* [[Technical analysis]]


== See also ==
[[Category:The_business_context]]
* [[Binary system]]
[[Category:Financial_products_and_markets]]
* [[Binomial distribution]]
[[Category:Technology]]
* [[Binomial option pricing model]]
* [[Binomial tree]]
* [[Boolean]]
* [[Normal frequency distribution]]

Latest revision as of 08:48, 28 April 2022

Historically, chartism was based on drawing and analysing charts of historic market prices.

(Hence the name.)

The most common purpose is to make predictions about likely future market prices.

Also known as Technical analysis.


See also