August 2007
Intermediate to advanced
304 pages
12h 22m
English
Content preview from Forecasting Expected Returns in the Financial Markets
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172 Forecasting Expected Returns in the Financial Markets
In this case as well, Agents 4 and 5 outperform the others. They make a profit 70%
and 65% respectively of the times they
trade. (The loss-making times being, of course,
the remaining percentage.) Although Agent 1 in absolute terms makes a profit more times
than every other agent (i.e. 52.7%), in real terms her profit rises to only 55% of the times
she trades. Finally Agents 2 and 3 make a profit 54% and 53%, ...
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