naa a22 4500 528785117 20180924065518.0 cr unu---uuuuu 180924e20130711xx s 000 0 eng 10.3929/ethz-b-000070237 doi 10.1371/journal.pone.0068344 doi (ETHRESEARCH)oai:www.research-collection.ethz.ch:20.500.11850/70237 Are Random Trading Strategies More Successful than Technical Ones? [Elektronische Daten] [Alessio Emanuele Biondo, Alessandro Pluchino, Andrea Rapisarda, Dirk Helbing] PLoS ONE Open access ethresearch In this paper we explore the specific role of randomness in financial markets, inspired by the beneficial role of noise in many physical systems and in previous applications to complex socio-economic systems. After a short introduction, we study the performance of some of the most used trading strategies in predicting the dynamics of financial markets for different international stock exchange indexes, with the goal of comparing them to the performance of a completely random strategy. In this respect, historical data for FTSE-UK, FTSE-MIB, DAX, and S & P500 indexes are taken into account for a period of about 15-20 years (since their creation until today). Creative Commons Attribution 3.0 Unported http://creativecommons.org/licenses/by/3.0 ethresearch Biondo Alessio Emanuele joint author Pluchino Alessandro joint author Rapisarda Andrea joint author Helbing Dirk joint author PLoS ONE Lawrence, KS, USA : Public Library of Science 8 (7), p. e68344 1932-6203 http://hdl.handle.net/20.500.11850/70237 text/html WWW-Backlink auf das Repository (Open access) 1 Journal Article ethresearch ETHRESEARCH 856 40 http://hdl.handle.net/20.500.11850/70237 text/html WWW-Backlink auf das Repository (Open access) ETHRESEARCH 700 1- Biondo Alessio Emanuele joint author ETHRESEARCH 700 1- Pluchino Alessandro joint author ETHRESEARCH 700 1- Rapisarda Andrea joint author ETHRESEARCH 700 1- Helbing Dirk joint author ETHRESEARCH 773 0- PLoS ONE Lawrence, KS, USA : Public Library of Science 8 (7), p. e68344 1932-6203 BK010053 XK010053 XK010000 ETHRESEARCH ETHRESEARCH ETHRESEARCH Journal Article Open access