Cilt 13, Sayı 49, Sayfalar 171 - 181 2014-09-10

NON-LINEAR MARKET BEHAVIOR AT THE ISTANBUL STOCK EXCHANGE
NON-LINEAR MARKET BEHAVIOR AT THE ISTANBUL STOCK EXCHANGE

Hakan ERKUŞ [1] , Ahmet UĞUR [2]

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Abstract Advances in Mathematical and statistical methods have increased the use of non-linear methods. Especially after the stock market crash, the non-linear work has become even more important and gained rapid rate of development. Due to the high returns of the stock market stock markets have always been an attractive investment area. On the other hand it's the unpredictable movements of the stock market makes it more risky. However, non-linear methods help to stock market players to create more revenues. In the study, Turkish capital markets, Borsa İstanbul is examined. Turkey is an attractive emerging market for fund managers. The purpose of this paper is to determine the non-linear dependence and events that lead to non-linearity by using the indexes of different sectors at the Borsa İstanbul. To this end, the Hinich portmanteau bi-correlation non-parametric test that uses the windowed testing procedure is applied. Key Words: Non Linear Market Behavior, Borsa İstanbul, Hinich Test
Matematiksel ve istatistiki metodlardaki gelişmeler doğrusal olmayan metodların kullanımını artırmıştır. Özellikle borsalarda meydana gelen krizlerden sonra doğrusal olmayan metodların önemi artımş ve hızlı bir gelişme göstermiştr. Borsalar yüksek getiri nedeniyle herzaman cazip bir yatırım alanı olurken diğer yandan öngörülemeyen piyasa hareketleri nedeniyle de riskte çoğunlukla yüksek olmuştur. Bununla birlikte doğrusal omayan yöntemler borsa oyuncularının daha fazla kar elde etmeleri konusunda yardımcı olmuştur. Bu çalışmada Borsa İstanbul AŞ incelenmiştir. Türkiye fon yöneticileri açısında oldukça cazip bir gelişmekte olan piyasıdır. Bu çalışmanın amacı Borsa İstanbul'daki farklı sektörlerin indekslerini kullanarak doğrusal olmayan bağımlılığı ve doğrusal olmamaya neden olan olayları belirlemektir. Bu amaçla, pencereleme test prosedürünü kullanan Hinich Portmanteau Bicorrelation parametrik olmayan test kullanılmıştır.
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Yazar: Hakan ERKUŞ
E-posta:

Yazar: Ahmet UĞUR
E-posta:

Bibtex @ { esosder82867, journal = {Elektronik Sosyal Bilimler Dergisi}, issn = {1304-0278}, address = {Özel Akademi}, year = {2014}, volume = {13}, pages = {171 - 181}, doi = {10.17755/esosder.22654}, title = {NON-LINEAR MARKET BEHAVIOR AT THE ISTANBUL STOCK EXCHANGE}, language = {en}, key = {cite}, author = {ERKUŞ, Hakan and UĞUR, Ahmet} } @ { esosder82867, journal = {Elektronik Sosyal Bilimler Dergisi}, issn = {1304-0278}, address = {Özel Akademi}, year = {2014}, volume = {13}, pages = {171 - 181}, doi = {10.17755/esosder.22654}, title = {NON-LINEAR MARKET BEHAVIOR AT THE ISTANBUL STOCK EXCHANGE}, language = {tr}, key = {cite}, author = {ERKUŞ, Hakan and UĞUR, Ahmet} }
APA ERKUŞ, H , UĞUR, A . (2014). NON-LINEAR MARKET BEHAVIOR AT THE ISTANBUL STOCK EXCHANGE. Elektronik Sosyal Bilimler Dergisi, 13 (49), 171-181. DOI: 10.17755/esosder.22654
MLA ERKUŞ, H , UĞUR, A . "NON-LINEAR MARKET BEHAVIOR AT THE ISTANBUL STOCK EXCHANGE". Elektronik Sosyal Bilimler Dergisi 13 (2014): 171-181 <http://dergipark.gov.tr/esosder/issue/6163/82867>
Chicago ERKUŞ, H , UĞUR, A . "NON-LINEAR MARKET BEHAVIOR AT THE ISTANBUL STOCK EXCHANGE". Elektronik Sosyal Bilimler Dergisi 13 (2014): 171-181
RIS TY - JOUR T1 - NON-LINEAR MARKET BEHAVIOR AT THE ISTANBUL STOCK EXCHANGE AU - Hakan ERKUŞ , Ahmet UĞUR Y1 - 2014 PY - 2014 N1 - doi: 10.17755/esosder.22654 DO - 10.17755/esosder.22654 T2 - Elektronik Sosyal Bilimler Dergisi JF - Journal JO - JOR SP - 171 EP - 181 VL - 13 IS - 49 SN - 1304-0278- M3 - doi: 10.17755/esosder.22654 UR - http://dx.doi.org/10.17755/esosder.22654 Y2 - 2017 ER -
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