Buy & Hold vs. EMA: A Comparative Back Test Analysis on Borsa İstanbul

Authors

  • Mustafa ÖZYEŞİL Dr. Öğr. Üyesi, İstanbul Aydın Üniversitesi

Keywords:

EMA, Borsa İstanbul, Stock Investment, Trading Disciplines, Back test, Moving Average, Portfolio Management, Technical Analysis, Fundamental Analysis

Abstract

In this study, the performance of Buy & Hold and EMA investment trading disciplines are compared by back test analysis. For this purpose, both investment techniques are applied on the series consisting of the weekly closing prices of the biggest 3 national stock indices of Borsa Istanbul during the period of 30.05.2010 - 24.05.2020. According to the results of the analysis, it is observed that the Buy & Hold investment strategy provides more returns to investors in all three indexes of Borsa Istanbul.

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References

Bu çalışmada, Al ve Tut ile EMA yatırım disiplinlerinin performansı back test analizi ile karşılaştırılmıştır. Bu amaçla 30.05.2010 - 24.05.2020 döneminde Borsa İstanbul'un en büyük 3 ulusal hisse senedi endeksinin haftalık kapanış fiyatlarından oluşan seriye her iki yatırım tekniği de uygulanmıştır. Analiz sonuçlarına göre Al ve Tut yatırım stratejisinin Borsa İstanbul'un her üç endeksinde de yatırımcılara daha fazla getiri sağladığı görülmektedir.

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Published

2020-10-25

How to Cite

ÖZYEŞİL, M. (2020). Buy & Hold vs. EMA: A Comparative Back Test Analysis on Borsa İstanbul . EUROASIA JOURNAL OF SOCIAL SCIENCES & HUMANITIES, 7(16), 25–32. Retrieved from https://euroasiajournal.com/index.php/eurssh/article/view/52

Issue

Vol. 7 No. 16 (2020)

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.