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On the Application of Martingale theory to Investment Strategy

Owoloko, E. A. and Agarana, M. C. and Oguntunde, P.E. and Okagbue, H. I. and Owoloko, Itohan (2017) On the Application of Martingale theory to Investment Strategy. In: World Congress on Engineering 2017 , July 5-7, 2017, London, U.K..

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Most often than not, an investor holding stock must decide whether to sell or keep holding the stock. This investment strategy over the years appears to be an easy task to take. In the investment parlance, it is called the Broker’s Common Sense (BCS). We have shown in this paper that the so-called BCS strategy is backed with advanced mathematical (probabilistic) phenomenon; we used the martingale theory to describe the strategy

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Martingale theory, probability, investment strategy, up-crossing, probability measure
Subjects: T Technology > TK Electrical engineering. Electronics Nuclear engineering
Divisions: Faculty of Engineering, Science and Mathematics > School of Mathematics
Depositing User: Mrs Patricia Nwokealisi
Date Deposited: 16 Aug 2017 11:21
Last Modified: 16 Aug 2017 11:21

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