Systems Seminar

On Trading of Equities: A New Paradigm for Robusticians

Prof. B. R. Barmish
ECE Dept.

Abstract

In this seminar we describe a new paradigm for the trading of equities. Our formulation includes a controller which modulates the amount invested over time with a saturation corresponding to a limit on the value at risk. With the gain or loss on the trade being the quantity of interest, we formulate and solve problems of robust performance against a family of uncertain price inputs. The talk also includes an overview of the related technical analysis literature and simulation results with comparisons to standard benchmarks such as buy-and-hold.

Time and Place: Wed., Oct. 31, at 3:30 pm in 4610.

SYSTEMS SEMINAR WEB PAGE: http://homepages.cae.wisc.edu/~gubner/seminar/schedule.html

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