1. International Investment Tech Demo Simple Econometric Forecasting Step 1. Downloading Data Step 2. Forecasting and Performance Measure Step 3. Trading Rules Performance Measure

2. www.charliexcai.info Step 2. Forecasting and Performance Measure -Econometric

3. www.charliexcai.info Step 3. Trading rules– Econometric Trading rules – When forecast positive return using return and parameters from yesterday’s closing, hold a long position – When forecast positive return using return and parameters from yesterday’s closing, hold a short position

4. www.charliexcai.info Step 3. Trading Rules– Technical Analysis Moving average trading rules – When MA5 crosses MA50 up from the bottom, Buy – When MA5 crosses MA50 down from the top, Sell – Otherwise hold