Summary: | 碩士 === 義守大學 === 財務金融學系 === 106 === For a long time, the thinking structure that combines the numerology with the numbers is a characteristic phenomenon in the current folk culture. However, in the moment only rarely literatures used the cosmic laws of nature (such as Yin and Yang, Theory of Five Elements and trigram) as the stock selection model to select stock through various symbolic meaning and projections in stock market. Therefore, this study explores the rise and fall of the stock market with I Ching and Chinese traditional trigram and discusses whether the trigram can predict the rise and fall of stock index.
This study selects the daily opening price and closing price of the Shanghai Composite Index (SHA:000001) and the Shenzhen Composite Index (SZ:399106) from July 1991 to December 2017 as statistics and research data and uses the research method of Chinese trigram theory to analyze. The Forecast accuracy is 53.086%-62.963%.The results shows that Chinese trigram theory can indeed predict the rise and fall of stock index, which is quite meaningful for investors in investing stocks.
This study proposes two suggestions: 1. The follow-up studies, it can be used to analyze the status. For example, in the long, short, and consolidation states, whether there is a difference in the relationship between trigram and stock market fluctuations and whether there is a difference in their prediction ability. 2. The follow-up studies can be conducted on the stock markets in other countries or on a specific stock index or stocks.
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