Price: $14.88
By evaluating the fractal dimension of asset returns, investors have the potential to harness signals and craft advanced trading strategies. Our systematic investigation explores the possibility of integrating Artificial Neural Networks and Genetic Algorithms with technical and fundamental economic data to bolster trading returns and yield profitable outcomes. The Hurst Exponent is measured for each time series to gauge its predictability. Our findings reveal four stocks with significant Hurst exponents and two with minimal ones, implying that the markets exhibit some degree of predictability and are not entirely random. This supports our hypothesis and leads us to conclude that it is feasible to achieve profits in the Kuwaiti and Saudi Arabian stock markets using advanced trading strategies. Read more.