| dc.description.abstract | From year to year there is a considerable growth in Russian stock market‟s indexes.
There is also a continuous establishment of laws which regulate the functioning of stock
market and protect investors from illegal activities. The political stability is observed during
last years, which in fact lowers political risks for investors. Nowadays, Russia can be regarded
as a country with rather low share of external debt, in compariosn with other countries such as
USA, United Kingdom, Germany, etc. Therefore, Russian stock market can be considered as
valuable instrument for investments‟ attraction. But in order to gainfully invest funds in the
stock market, it should be carefully examined. But before that you should decide which tools
of analysis to use in order to successfully make this investigation. This research accurately
studies technical analysis which can be assigned to one of the respective schools of stock
market analysis. The main aim of the research is to find out, whether we can detect market
efficiency or inefficiency in Russian stock market by implementation of technical analysis on
group of stocks. The practical part of this researh is devoted to modelling and perfroming
trading strategies based on technical analysis on the stocks with high liquidity issues. The
demand to liquidity is crucial one for prosperous implementaion of technical analysis. The
insight to data is provided by demo account which was granted by brokerage‟s company.
Analysis and further discussion revealed that technical trading strategy can be gainfully
implemented in Russian stock market. Therefore, it was concluded that Russian stock market
is not efficient and you can model and perform trading strategy based on technical analysis. | no_NO |
