Journal of South China University of Technology(Natural Science Edition) ›› 2003, Vol. 31 ›› Issue (7): 74-77.

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Some Applications of Markov Chain in the Analysis of Stock Market

ZHANG Yu—shan LIAO Qin   

  1. Dept.of Applied Mathematics,South China Univ.of Tech,Guangzhou 510640,China
  • Online:2003-07-20 Published:2022-09-28
  • Contact: 张宇山(1975一),男,硕士生,主要从事数理统研究.
  • About author:张宇山(1975一),男,硕士生,主要从事数理统研究.

Abstract: To apply the theory of Markov chain to establishing mathematical model of stock price' s fluctuation and anticipation, the theory of the cycle of stock's motion and maximization of investment' s gain is proposed. Examples proves that this model and its application are feasible.

Key words: analysis of stock market, stochastic process, Markov chain, stock price, cycle of stock' s motion