Summary: | 碩士 === 國立高雄第一科技大學 === 財務管理研究所 === 104 === Originally from the New York Stock Exchange, the Hindenburg Omen is a combination of technical factors that attempt to measure the health of the NYSE and the stock market as a whole.
The globalization makes respective stock market possesses a degree of uniformity in system risks. Under normal conditions, a substantial number of stocks may set new annual highs or new annual lows in a long term period. The Hindenburg may be triggered by Bull and Bear Index and to give a signal about a stock market crash.
According to this study, the Hindenburg Omen would be applied to the Taiwanese Stock Market, Our empirical study, also applies Trend Convergence Indicator and Total Amount Per Index over the Taiwan Stock market analysis, and the goal of this paper is to provide a predicable indicator which is signal increased probability of a stock market crash for the Taiwanese Stock market.
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