Bargain Hunter
Predicting the Future
With the relatively easily available daily price data of known stocks, you could fall into the trap of feeding an artificial intelligence network historical stock price data and trying to predict future price jumps. Then, armed with this knowledge, you could make a massive investment and sit back and wait for payday. Ha! However, the timeless arguments from the bestseller A Random Walk down Wall Street [5], which are no longer entirely new but all still valid, speak against this, stating that, in this case, the millions of market participants with similar ideas would quickly close any wormholes in the time structure, if they actually existed, because they would have known about possible price jumps at the same time and would have reaped the profits way before the crusading private investor.
There's no easy money to be made at the exchanges, I'm afraid, or is there? Are the exchanges just glorified casinos and follow the "random walk" theory [6], not because their development is actually random, but because prices are unpredictable? You're free to prove the random walker disciples wrong, of course. Try it; it could be lucrative, if it works!
Infos
- "Google Finance as you know it is going away": https://www.marketwatch.com/story/google-finance-as-you-know-it-is-going-away-here-is-what-will-remain-2017-09-27
- "Has Yahoo finance web service disappeared?": https://stackoverflow.com/questions/38355075
- Listings for this article: ftp://ftp.linux-magazine.com/pub/listings/linux-magazine.com/210/
- "Watchful Seller" by Michael Schilli, Linux Magazine, issue 188, July 2016, http://www.linux-magazine.com/Issues/2016/188/Perl-Monitoring-Payments
- Malkiel, Burton G. A Random Walk down Wall Street: The Time-Tested Strategy for Successful Investing. W. W. Norton & Company, 2016: https://www.amazon.com/Random-Walk-down-Wall-Street/dp/0393352242
- Random walk theory: https://en.wikipedia.org/wiki/Random_walk
« Previous 1 2
Buy this article as PDF
(incl. VAT)
Buy Linux Magazine
US / Canada
UK / Australia
Direct Download
Read full article as PDF:
Price $2.95
Subscribe to our Linux Newsletters
Find Linux and Open Source Jobs
Subscribe to our ADMIN Newsletters
Find SysAdmin Jobs
News
-
Xfce 4.18 is Coming Soon and Offers Subtle Improvements
The Xfce team has announced the release date of the next iteration of the desktop, which includes a good number of features to polish the fan-favorite Linux UI.
-
Orange Pi Board Has Arch-Based Linux Distribution in the Works
The developers of the Orange Pi board are planning to release an Arch-based Linux distribution available for its hardware as an alternative to Orange Pi OS.
-
Alpine Linux 3.17 Now Available to the General Public
The developers of Alpine Linux have officially announced the release of the latest version of the security-focused Linux distribution.
-
The New StarFighter Linux Laptop Now Available for Preorder
A new, completely customizable Linux laptop is now available to preorder from Star Labs.
-
Critical Escalation Vulnerability Found in the Linux Kernel
A new local privilege escalation vulnerability has been discovered in the Linux kernel and users are encouraged to upgrade/patch immediately.
-
AlmaLinux 8.7 Now Available
The developers of AlmaLinux have released the latest version of the OS, named Stone Smilodon, to the general public.
-
New Arch-Based Linux Distribution Aims to be Beginner-Friendly
CachyOS has been created to serve as a Linux distribution for everyone, even while being based on the more complex Arch Linux.
-
elementary OS 7 Getting Closer to Release
The team behind elementary OS has announced they are now focused on putting the finishing touches on the next major release of the Linux distribution.
-
Nitrux 2.5 Released with Kernel 6.0 and KDE Plasma 5.26
Nitrux 2.5 has been officially released and is the first systemd-free distribution to include both kernel 6.0 and KDE Plasma 5.26.
-
Zorin OS 16.02 Now Available
Zorin OS 16.2 has been officially released just seven months after the first point release of the user-friendly Linux operating system.