Free Financial Software Download Section
PickStock 1.6
PickStock uses principal components analysis to search out potentially underpriced stocks by analyzing a user-supplied database of historical stock prices. The program is believed to be an implementation of what is known in the financial market modeling community as 'arbitrage pricing theory' (see for example S. Ross, 'The arbitrage theory of capital asset pricing', J. Economic Theory, vol. 13, pp. 341-360, 1976). The theory postulates that a given vector of prices (for example, today's price for a set of stocks) can be explained by a linear combination of underlying economic components. While there is apparently substantial debate in the economic community as to the viability of the arbitrage pricing theory, this application provides a tool to test it out on real data. |
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| Visit the Publisher's site File size: 2905 kb |
 File |
| Cost: Free to try (10 stocks); buy for $39.00 | |
| Runs on: Windows 95, 98, 2000, ME, NT, XP | |
COMMENT ON THIS SOFTWARE The Terms and Conditions governing the downloading of software files are found in the Software Disclaimer section of the software index. By downloading any file(s), you are agreeing to those terms and conditions. The Terms and Conditions governing the downloading of software files are found in the Software Disclaimer |
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