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2006 | 4 | 1 | 58-72
Tytuł artykułu

Stock mechanics: Predicting recession in S&P500, DJIA and NASDAQ

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Proposed in this paper is an original method assuming potential and kinetic energies for prices and for the conservation of their sum that has been developed for forecasting exchanges. Connections with a power law are shown. Semiempirical applications on the S&P500, DJIA, and NASDAQ predict a forthcoming recession in them. An emerging market, the Istanbul Stock Exchange index ISE-100 is found harboring a potential to continue to rise.

Opis fizyczny
  • Department of Physics, Middle East Technical University, 06531, Ankara, Turkey,
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  • [32] For many other articles of D. Sornette see also several issues of the journal Eur. Phys. J. B and search Preprint:
  • [33] J-P. Bouchaud: “Power laws in economics and finance: some ideas from physics”, Quant. Fin., Vol. 1, (2001), pp. 105–112.[Crossref]
  • [34] For detailed information about NYSE shares and indices, URL:
  • [35] For detailed information about ISE, URL:
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