Abstract
AbstractThis paper evaluates the predictive power of intraday technical trading in China's crude oil market. Even considering different subsample periods, data frequencies and frequencies of rebalancing portfolio of trading rules, an investor is unlikely to select trading rules with persistent out‐of‐sample performance in advance while taking into account data snooping bias and transaction costs. This indicates that the predictive power of intraday technical trading in China's crude oil market is illusory. Overall, our results seriously call into question the predictive power of technical trading in crude oil markets has been gradually shifting from daily data to intraday data.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
