Teoria das ondas de elliott: uma aplicação ao mercado de ações da bm&fbovespa

• Ano de defesa: 2010
• Autor(a) principal: Belmont, Daniele Ferreira de Sousa
• Tipo de documento: Dissertação
• Tipo de acesso: Acesso aberto
• Idioma: por
• Instituição de defesa: Universidade Federal da Paraí­ba; BR; Economia do Trabalho e Economia de Empresas; Programa de Pós Graduação em Economia; UFPB
• Palavras-chave em Português: Teoria de Dow; Análise Técnica; Teoria das Ondas de Elliott; Teoria da Racionalidade dos Agentes; Risco; Sequência de Fibonacci; Dow Theory; Technical Analysis; Elliott Wave Theory; Theory of Rational Agents; Risk; the Fibonacci sequence; CNPQ::CIENCIAS SOCIAIS APLICADAS::ECONOMIA
• Link de acesso: https://repositorio.ufpb.br/jspui/handle/tede/5048

The prices of securities traded on stock exchanges, as well as any other commodity in the financial market fluctuate naturally with the demand for these products. These oscillations, along with the asymmetry of information about the prices of these products generate volatility processes. Charles Dow in the early twentieth century created sector indexes, in which papers met the same area of activity, according to him, several indicators point to the same direction would be a sign that this really would be a tendency to drive the market, thus characterizing the Dow Theory. Ralph Nelson Elliott (1871-1948) studied the average prices of the Dow Jones Industrial and realized repetitions in the market changes, their observations were summarized in what became known as "The Wave Principle." Elliott developed his theory based on so-called Fibonacci sequence, discovered by Leonardo Pizza (Fibonacci) around 1200. In addition to the Dow Theory and the Theory of waves in this work was done using the Theory of Rationality of the agents as a complementary way to explain the decision process of investors, as happens in situations of uncertainty. A rational decision involves selecting the choice which has the largest expected return for a given level of risk.