Modelling the Global Stock Market: Methodology and Tools

Анотація

The article is devoted to substantiation of new scientific approaches to the study and analysis of relevant processes of modelling global stock markets using interdisciplinary tools within the framework of existing patterns and taking into account the peculiarities of evolution of socio-economic systems and globally significant market factors. The article considers the fundamental principles of stock market modelling, which, in addition to the structural component, are determined by the typology of the investment process in the economy and are determined by post-industrial development factors, in particular, the processes of digitalisation, networking, platformisation, technologicalisation and intellectualisation. This leads to the formation of qualitatively new states of the stock market, which are characterised by internal similarity of functioning processes, logical and schematic description, and a certain sequence and continuity of development. To this end, the article formulates a hierarchical species range of stock market models, provides their essential characteristics and builds a “spiral” of evolution of stock market models. On this basis the article offers a mechanism of forecasting the stock market with the use of resources of different models and successive change of types of models within the system hierarchy of stages of development of the market. As a result of the study, it is concluded that with the gradual complication of the type of model, the relationship between the model components and the parameters of these components, a general paradigm of global stock market development is formed, which allows analysing trends, patterns, features, factors, market processes, and also provides opportunities for their forecasting. This methodological approach can be used for modelling and forecasting the development of other socio-economic systems that operate on the basis of the market and marketability.

Класифікація

Ідентифікатори

Схожі роботи