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Applied Economics Volume 48, 2016 - Issue 37
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Original Articles

Combining value averaging and Bollinger Band for an ETF trading strategy

Hung-Cheng LaiDepartment of Finance, Overseas Chinese University, Taichung, TaiwanCorrespondence[email protected]
,
Tseng-Chan TsengSchool of Economics and Trade, Ningbo Institute of Technology, Zhejiang University, Ningbo, China
&
Sz-Chi HuangDepartment of Finance, Overseas Chinese University, Taichung, Taiwan
Pages 3550-3557 | Published online: 16 Mar 2016

References

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  • Chen, H., and J. Estes. 2007. “Value Averaging for 401(K) Plans Hakes More ‘Cents’ than Dollar-Cost Averaging.” Journal of Financial Planning 20: 56–59.
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  • Edleson, M. E. 1988. “Value Averaging: A New Approach to Accumulation.” American Association of Individual Investors Journal 7: 11–14.
  • Edleson, M. E. 2011. Value Averaging: The Safe and Easy Strategy for Higher Investment Returns, 35. Hoboken, NJ: Wiley.
  • Leung, J. M. J., and T. T. L. Chong. 2003. “An Empirical Comparison of Moving Average Envelopes and Bollinger Bands.” Applied Economics Letters 10: 339–341. doi:10.1080/1350485022000041032.
  • Marshall, P. S. 2000. “A Statistical Comparison of Value Averaging Vs. Dollar Cost Averaging and Random Investment Techniques.” Journal of Financial and Strategic Decision 13: 87–99.
  • Marshall, P. S. 2006. “A Multi-Market, Historical Comparison of the Investment Returns of Value Averaging, Dollar Cost Averaging and Random Investment Techniques.” Academy of Accounting and Financial Studies Journal 10: 81–97.

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