Paper Title
TESTING EFFECTIVENESS OF DETERMINISTIC FORECASTS FOR DJIA INDEX
Abstract
This paper is devoted to testing effectiveness of deterministic, in comparison with stochastic, methods and models, in particular practical use and application of them to forecasts of DJIA Index. Forecasts of any kind of indicators for different and various periods of time can be stochastic or deterministic. Stochastic forecasts are based on use term of probability. Deterministic forecasts are based on use terms of velocity and acceleration.
Acceleration can be plus (also positive) for quickness or minus (also negative) for slowness of velocity of change, for any kind of indicators. Acceleration equals zero, if velocity does not change.
Keywords - Stochastic forecast, Deterministic Forecast, Deterministic Methods, Deterministic Models, Velocity, Acceleration, DJIA Index.