20.500.12556/DKUM-52890 Hipoteza učinkovitega trga: delovanje mehanskih trgovalnih sistemov na primeru Stockholm Stock Exchange Efficient market hypothesis: the functioning of mechanical trading systems in the case of the Stockholm Stock Exchange V prispevku je predstavljen preizkus hipoteze učinkovitega trga v njeni šibki obliki. Metodologija preizkušanja temelji na izbranih orodjih tehnične analize, križanju drsečih sredin in uporabi indeksa relativne moči (RSI). Zaradi konsistentnosti izpeljave raziskave smo izbrali simulacijo na podlagi mehanskih trgovalnih sistemov. Le-ti predstavljajo zelo priljubljeno obliko sledenja trgovalnim strategijam pri večjih investitorjih, na zelo razvitih trgih pa tudi pri manjših. V raziskavi smo uporabili podatke iz Stockholm Stock Exchange. Izidi naše raziskave za primer stockholmske borze ne podpirajo hipoteze učinkovitega trga. In this article we test the efficient market hypothesis in its weak form. Our study is based on selected tools of technical analysis: moving average crossovers and the relative strength index (RSI). For reasons of consistency, we chose the simulation based on mechanical trading systems. These are a very popular form of trading, especially for big investors. In highly developed markets, small individual investors are also interested in trading based on mechanical trading systems. In our study we used data from the Stockholm Stock Exchange. The results of this paper for the case of Stockholm in the chosen period do not support the Efficient Market Hypothesis. trg hipoteze učinkovitost tehnična analiza analiza true false false Društvo ekonomistov Maribor Slovenski jezik Angleški jezik Delo ni kategorizirano 2015-07-10 18:38:42 2015-07-10 18:38:42 2022-06-02 03:08:04 2019-07-11 07:56:15 2006 0 0 str. 50-58 št. 1/2 Letn. 52 2006 0000-00-00 NiDoloceno NiDoloceno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 519.246.8:336.761(485 Stockholm) 751364 8558108 0547-3101 URN:SI:UM:DK:4UPDYOSN http://www.dlib.si/details/URN:NBN:SI:DOC-FN0FHBWZ 1 https://dk.um.si/Dokument.php?lang=slv&id=77450 Ekonomsko-poslovna fakulteta Naše gospodarstvo 0 0 0