Hidden-Component Based Forecasting in the Forex Market

Subject: Hidden-Component Based Forecasting in the Forex MarketThe volume of graduation thesis is 66 pages with the appendix. There were used 16 sources.Keywords: Currency market, ICA, Hidden-Component, forecasting of exchange ratesTarget of the research is yield of exchange rates during various time periods.Object of the research is forecasting of exchange rates by independent a component analysis.Graduation thesis includes the introduction, three heads and the conclusion.In introduction there is presented relevance of research, the problem, the purpose, tasks and there is specified methodological base of research.In chapter 1 there is described the currency market, its functions, a role and the main players. Furthermore there are presented the main methods of forecasting of exchange rates. Chapter 2 is devoted to the independent a component analysis. In this part there are defined the main restrictions of model, its principles. In a chapter 3 there is reproduced independent component model on the basis of yields of various currency pair. Then received results are compared. Finally the analysis of the received results is carried out and the conclusion is drawn. The main findings of performed work are revealed in the conclusion.