Logistic Law of Growth as a Base for Method of Forecasting Stock Market Data
12 Pages Posted: 29 Aug 2012 Last revised: 16 Sep 2013
Date Written: August 27, 2012
In our article is shown that no matter how good is the organization of the enterprises in stock market, sooner or later some financial and organizational difficulties will appear. Hence, the idea of assigning the analytical form of the logistic law based on selected financial data, enabling the determination of the cycle phases and their changes has appeared. The presented proposal of determining the stock market cycle of life and the model of forecasting has been tested on financial data of selected stock market (S&P 500).
Keywords: Law of Growth, Forecasting, Stock Market, Econometrics
JEL Classification: C13, C22, G15
Suggested Citation: Suggested Citation