Predicting Nifty 50-Use of Advance Decline ratio

Joshi Divyang and Bhavsar Pratik (2011). Predicting Nifty 50-Use of Advance Decline ratio. Indian Journal of Applied Research. Volume 1, Issue 3. ISSN No. 2249-555X.

3 Pages Posted: 7 Jun 2019

See all articles by Dr. Divyang Joshi

Dr. Divyang Joshi

Parul Institute of Management and Research, Parul University

Pratik Bhavsar

affiliation not provided to SSRN

Date Written: December 1, 2011

Abstract

The stock market volatility stimulates the trading feelings of investors. The thrilling to predict stock market attracts attention of researchers and investors towards study of stock market indicators which can useful to predicting stock market. But the question is can someone, somehow predict short term price of an individual stock? This paper attempts to do what many investors and mathematicians have tried to do for decades, and that is to make such predications. The past 12-months daily data of the year 2010 of Advance/Decline (A/D) ratio and daily closing price data of Nifty 50 index is collected and the regression analysis is used to know the relationship among the A/D ratio and Nifty. With the statistical software (Gretl) Durbin Watson and Autoregression is also applied to know the relationship between A/D ratio and Nifty 50.

Keywords: Stock Market Prediction, Advance Decline ratio, Durbin Watson

JEL Classification: G14

Suggested Citation

Joshi, Dr. Divyang and Bhavsar, Pratik, Predicting Nifty 50-Use of Advance Decline ratio (December 1, 2011). Joshi Divyang and Bhavsar Pratik (2011). Predicting Nifty 50-Use of Advance Decline ratio. Indian Journal of Applied Research. Volume 1, Issue 3. ISSN No. 2249-555X.. Available at SSRN: https://ssrn.com/abstract=3392288

Dr. Divyang Joshi (Contact Author)

Parul Institute of Management and Research, Parul University ( email )

14 C SHIVAM TENEMENTS
OPP GOVARDHAN TWONSHIP GATE 2
BARODA, 390019
India

Pratik Bhavsar

affiliation not provided to SSRN

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