Stock Selection Based on Cluster Analysis
Abstract
We put forward a technique based on cluster analysis to group stocks in spot markets according to a risk−return criterion. We show how an informed investor will make money using the cluster analysis to select stocks of major companies from North and South America.
Suggested Citation
Newton Da Costa Jr, Jefferson Cunha, and Sergio Da Silva. "Stock Selection Based on Cluster Analysis" Economics Bulletin 13.1 (2005): 1-9.
Link to Full Text