Sign in | Sitemap | Contact us
 1888 Software Downloads » Business Software » Sales and Services Software » PickStock

PickStock - Free PickStock download


PickStock (copyright 2003, Bell Software and Services, Inc.) uses principal components analysis to search out potentially underpriced stocks by analyzing a user-supplied database of historical stock prices. The program is believed to be an implementation of what is known in the financial market modeling community as !arbitrage pricing theory! (see for example S. Ross, !The arbitrage theory of capital asset pricing!, J. Economic Theory, vol. 13, pp. 341-360, 1976). The theory postulates that a given vector of prices (for example, today!s price for a set of stocks) can be explained by a linear combination of underlying economic components. While there is apparently substantial debate in the economic community as to the viability of the arbitrage pricing theory, this application provides a tool to test it out on real data. Who can best make use of this application: It is hoped that any user who can download stock price data into MetaStock text format will find PickStock sufficiently easy to use. Facility in handling text files and importing them into spreadsheets is also a plus. Economists and stock analysts may be able to utilize the program along with a more traditional analysis of economic fundamentals. Scientists, engineers, and students may even be able to tap into the powerful principal components analysis engine that PickStock incorporates by replacing closing prices with arbitrary data (ie. a given !date! can be associated with one experiment having outputs for each of the !tickers! with the output values corresponding to the ticker being in the !close! field)..
January 7, 2006  
Bell Software and Services, Inc.
Win95,Win98,WinME,WinNT 3.x,WinNT 4.x,WinXP,Windows2000
Download Free PickStock
Other Popular Software
Download EMSolution Trigonometry short
84102 trigonometric problems with fully explained solutions
Download EMTask Trigonometry Equations
48632 solved trigonometric equations with test authoring tools
Other Category
Audio & Multimedia Softwares
Law Legal Enforcement Softwares
Printer Tools Softwares
Paid software
1888SoftwareDownloads | Software Sitemap | Privacy Policy | Articles | Software Category Sitemap | Software Detail Sitemap | Popular Software Sitemap | Buddies