Overview
- Shows how system theory can be adapted to stock market analysis
- Demonstrates results from various countries’ markets
- Successfully forecasts major market turning periods
Part of the book series: Lecture Notes in Control and Information Sciences (LNCIS, volume 442)
Access this book
Tax calculation will be finalised at checkout
Other ways to access
Table of contents (8 chapters)
Keywords
About this book
The authors present work on both developed and developing markets in the shape of the US, Hong Kong, Chinese and Singaporean stock markets. Results from all these sources demonstrate the efficiency of the model framework in identifying significant influences and the quality of its predictive ability; promising results are also obtained by applying the model framework to the forecasting of major market-turning periods. Having shown that system-theoretic ideas can form the core of a novel and effective basis for stock market analysis, the book is completed by an indication of possible and likely future expansions of the research in this area.
Authors and Affiliations
About the authors
Professor Ben M. Chen received his B.S. degree in mathematics and computer science from Xiamen University, Xiamen, China, in 1983, M.S. degree in electrical engineering from Gonzaga University, Spokane, Washington, USA, in 1988, and Ph.D. degree in electrical and computer engineering from Washington State University, Pullman, Washington, USA, in 1991. He was a software engineer in South-China Computer Corporation, Guangzhou, China, from 1983 to 1986, and was an assistant professor from 1992 to 1993 in the Department of Electrical Engineering, State University of New York at Stony Brook, USA. Since August 1993, he has been with the Department of Electrical and Computer Engineering, National University of Singapore, where he is currently a professor. His current research interests are in robust control, systems theory, unmanned aerial systems, and financial market modeling.
He is the author/co-author of 8 research monographs including Loop Transfer Recovery: Analysis and Design (Springer, 1993); H2 Optimal Control (Prentice Hall, 1995); Robust and H∞ Control (Springer, 2000, Chinese edition is to be published by Science Press, Beijing, 2010); Linear Systems Theory: A Structural Decomposition Approach (Birkhauser, 2004; Chinese translation published by Tsinghua University Press, 2008); Hard Disk Drive Servo Systems (Springer, 1st Edn., 2002; 2nd Edn., 2006); and Unmanned Rotorcraft Systems (Springer, 2010). He served/serves on the editorial boards for a number of international journals including IEEE Transactions on Automatic Control, Automatica, Systems and Control Letters, and Journal of Control Theory and Applications.
Dr Chen is a Fellow of IEEE. He was the recipient of Best Poster Paper Award, 2nd Asian Control Conference, Seoul, Korea(1997); University Researcher Award, National University of Singapore (2000); Prestigious Engineering Achievement Award, Institution of Engineers, Singapore (2001); Temasek Young Investigator Award, Defence Science & Technology Agency, Singapore (2003); Best Industrial Control Application Prize, 5th Asian Control Conference, Melbourne, Australia (2004); and Best Application Paper Award, 7th Asian Control Conference, Hong Kong (2009).
Bibliographic Information
Book Title: Stock Market Modeling and Forecasting
Book Subtitle: A System Adaptation Approach
Authors: Xiaolian Zheng, Ben M. Chen
Series Title: Lecture Notes in Control and Information Sciences
DOI: https://doi.org/10.1007/978-1-4471-5155-5
Publisher: Springer London
eBook Packages: Engineering, Engineering (R0)
Copyright Information: Springer-Verlag London 2013
Softcover ISBN: 978-1-4471-5154-8Published: 23 April 2013
eBook ISBN: 978-1-4471-5155-5Published: 05 April 2013
Series ISSN: 0170-8643
Series E-ISSN: 1610-7411
Edition Number: 1
Number of Pages: XII, 161
Number of Illustrations: 92 b/w illustrations
Topics: Control and Systems Theory, Quantitative Finance, Finance, general, Systems Theory, Control