On the Design and Development of a Novel Real-Time Transaction Price Estimation System

Chi Hua Chen; Szu Yin Lin; Hsu Chia Chang; Chi Chun Lo

doi:10.4028/www.scientific.net/AMR.393-395.213

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 393-395On the Design and Development of a Novel Real-Time...

On the Design and Development of a Novel Real-Time Transaction Price Estimation System

Abstract:

In global open economy, transaction price estimation is an important issue in finance under stock price fluctuation. However, the transaction price is depend on the investors’ expect price which is difficult to be captured in used and implemented models for transaction price estimation. Therefore, this paper proposes the Transaction Price Estimation Model (TPEM) and designs a novel Real-time Transaction Price Estimation System (RTPES) which adopts the TPEM based on the efficient market hypothesis to estimate the investors’ expect price. In experiments, the simulation results show that the average accuracy of TPEM is 99.37%. This approach is feasible for stock investment decision-making.

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Periodical:

Advanced Materials Research (Volumes 393-395)

Pages:

213-216

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.393-395.213

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Online since:

November 2011

Authors:

Chi Hua Chen, Szu Yin Lin, Hsu Chia Chang, Chi Chun Lo

Keywords:

Stock Market, Stock Price, Transaction Price Estimation System

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