Publication detail

Fuzzy Logic Decision Support for Long-term Investing in the Financial Markets

BROŽ, Z. DOSTÁL, P.

Original Title

Fuzzy Logic Decision Support for Long-term Investing in the Financial Markets

Type

journal article in Web of Science

Language

English

Original Abstract

This paper discusses the use of fuzzy logic and modeling as a decision support for long-term investment decisions in the financial markets. A simple model is proposed to calculate recommendations for investors. This research required thorough analysis of historical data that lead to the discovery of interesting dependencies between the Dow Jones index, currency pairs, oil price and the VIX volatility index. The fuzzy model uses several input variables that are used to simplify the complex conditions in the financial markets. The purpose of the model is to evaluate the current market situation, compare the current situation to similar situations in the past and to provide investment recommendations for long-term future investing.

Keywords

Fuzzy logic, decision making, investing, financial market

Authors

BROŽ, Z.; DOSTÁL, P.

RIV year

2012

Released

5. 9. 2012

Publisher

Springer-Verlag

Location

Berlin Heildeberg

ISBN

2194-5357

Periodical

Advances in Intelligent Systems and Computing

Year of study

192

Number

1

State

Swiss Confederation

Pages from

113

Pages to

123

Pages count

11

URL

http://apps.webofknowledge.com/full_record.do?product=WOS&search_mode=GeneralSearch&qid=2&SID=U1hLc7@HFC65e2CocHJ&page=1&doc=4

BibTex

@article{BUT93833,
  author="Zdeněk {Brož} and Petr {Dostál}",
  title="Fuzzy Logic Decision Support for Long-term Investing in the Financial Markets",
  journal="Advances in Intelligent Systems and Computing",
  year="2012",
  volume="192",
  number="1",
  pages="113--123",
  issn="2194-5357",
  url="http://apps.webofknowledge.com/full_record.do?product=WOS&search_mode=GeneralSearch&qid=2&SID=U1hLc7@HFC65e2CocHJ&page=1&doc=4"
}