Intro -- Contents -- Preface -- Acknowledgements -- Introduction -- Chapter 1: Designing Stock Market Trading Systems -- 1.1 Introduction -- 1.2 Motivation -- 1.3 Scope and data -- 1.4 The efficient market hypothesis -- 1.5 The illusion of knowledge -- 1.6 Investing versus trading -- 1.6.1...

This paper investigates twenty financial ratios to develop a local financial failures prediction model. The study covers the period of 1993‐2001. We used mean and comparison of difference to the data set of fiveyears before the failures to identify the most superlative ratios. From these...