Sopipan, N.; Kanjanavajee, W.; Sattayatham, P. - In: Journal of applied finance & banking 2 (2012) 3, pp. 271-294
In this paper, we forecast SET50 Index (The stock prices of the top 50 listed companies on SET (Stock Exchange of …. As can be seen, 99.4% of variation in SET50 can be explained by all PCAs. Accordingly, we forecast SET50 Index closed … price for the period 1/03/2011 through 31/03/2011 by using three models. We compare loss function, the model forecast …