Original Research Article
Application of Nonlinear First Order Ordinary Differential Equation Model in Stock Market Analysis
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Article Number: DRJEIT16230287
DOI: https://doi.org/10.26765/DRJEIT16230287
ISSN: 2354-4155
Vol. 7(1), pp. 15-20, May 2020
Copyright © 2020
Author(s) retain the copyright of this article
Abstract
This paper is on the application of nonlinear first order ordinary differential equation model in stock market analysis. The data used is from the Nigeria Stock Exchange (NSE), Stock Market Report for September, October and November 2019 and the Stock Share Index from 2011-2016. The model used considers two competing growth rates and their carrying capacities. The analysis shows a continuous growth in the stock strength within the period considered.
Keywords: Ordinary differential equation model, stock marketReceived: April 3, 2020 Accepted: May 9, 2020 Published: May 30, 2020