Selected aspects of the use of chaos theory to support financial decisions

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Published:
Jul 1, 2018
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No. 19(68) (2018)
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Nina Siemieniuk
Uniwersytet w Białymstoku
Łukasz Siemieniuk
Uniwersytet w Białymstoku
Tomasz Siemieniuk
Wyższa Szkoła Finansów i Zarządzania w Białymstoku

DOI: https://doi.org/10.22630/PEFIM.2018.19.68.20
Keywords : chaos theory, capital markets, R/S analysis, Hurst exponent, fractal dimension
Abstract
The aim of the paper is to discuss selected aspects of the deterministic chaos theory and to present the results of research on the possibility of using deterministic chaos tools (fractal dimension, Hurst exponent) to support financial decisions of stock investors on the example of selected companies operating on the Warsaw Stock Exchange. Financial decisions on investing in the capital market are the subject of numerous studies and analyzes worldwide. Various methods and research tools are used. In order to forecast financial decisions, various models are constructed that never give full assurance of success and are burdened, usually with investment risk. One of the newer concepts of financial decision support is the theory of deterministic chaos. Characteristics, imbalances and feedback mechanisms in the time dimension find their expression in the description using dynamic non-linear systems.

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How to Cite
Siemieniuk, N., Siemieniuk, Ł., & Siemieniuk, T. (2018). Selected aspects of the use of chaos theory to support financial decisions. The Scientific Journal European Policies, Finance and Marketing, (19(68), 237–247. https://doi.org/10.22630/PEFIM.2018.19.68.20
References

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