{"id":"https://openalex.org/W1938938769","doi":"https://doi.org/10.15439/2015f338","title":"Buying stock market winners on Warsaw Stock Exchange - quantitative backtests of a short term trend following strategy","display_name":"Buying stock market winners on Warsaw Stock Exchange - quantitative backtests of a short term trend following strategy","publication_year":2015,"publication_date":"2015-10-11","ids":{"openalex":"https://openalex.org/W1938938769","doi":"https://doi.org/10.15439/2015f338","mag":"1938938769"},"language":"en","primary_location":{"id":"doi:10.15439/2015f338","is_oa":true,"landing_page_url":"https://doi.org/10.15439/2015f338","pdf_url":"https://annals-csis.org/proceedings/2015/pliks/338.pdf","source":{"id":"https://openalex.org/S4220651875","display_name":"Annals of Computer Science and Information Systems","issn_l":"2300-5963","issn":["2300-5963"],"is_oa":true,"is_in_doaj":true,"is_core":false,"host_organization":"https://openalex.org/P4310317484","host_organization_name":"Polskie Towarzystwo Informatyczne","host_organization_lineage":["https://openalex.org/P4310317484"],"host_organization_lineage_names":["Polskie Towarzystwo Informatyczne"],"type":"conference"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Annals of Computer Science and Information Systems","raw_type":"proceedings-article"},"type":"conference-paper","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://annals-csis.org/proceedings/2015/pliks/338.pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5036442957","display_name":"Aleksander Fafu\u0142a","orcid":null},"institutions":[{"id":"https://openalex.org/I305801656","display_name":"Wroclaw University of Economics and Business","ror":"https://ror.org/013sm1c65","country_code":"PL","type":"education","lineage":["https://openalex.org/I305801656"]}],"countries":["PL"],"is_corresponding":false,"raw_author_name":"Aleksander Fafu\u0142a","raw_affiliation_strings":["Wroc\u0142aw University of Economics, ul. Komandorska 118/120 53-345, Poland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Wroc\u0142aw University of Economics, ul. Komandorska 118/120 53-345, Poland","institution_ids":["https://openalex.org/I305801656"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5042342057","display_name":"Krzysztof Drelczuk","orcid":null},"institutions":[{"id":"https://openalex.org/I305801656","display_name":"Wroclaw University of Economics and Business","ror":"https://ror.org/013sm1c65","country_code":"PL","type":"education","lineage":["https://openalex.org/I305801656"]}],"countries":["PL"],"is_corresponding":false,"raw_author_name":"Krzysztof Drelczuk","raw_affiliation_strings":["Wroc\u0142aw University of Economics, ul. Komandorska 118/120 53-345, Poland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Wroc\u0142aw University of Economics, ul. Komandorska 118/120 53-345, Poland","institution_ids":["https://openalex.org/I305801656"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I305801656"],"apc_list":null,"apc_paid":null,"fwci":2.33,"has_fulltext":true,"cited_by_count":7,"citation_normalized_percentile":{"value":0.84707904,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"5","issue":null,"first_page":"1361","last_page":"1366"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9991999864578247,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9991999864578247,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.9829999804496765,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14317","display_name":"Finance, Markets, and Regulation","score":0.9761999845504761,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/contrarian","display_name":"Contrarian","score":0.9210066795349121},{"id":"https://openalex.org/keywords/stock-exchange","display_name":"Stock exchange","score":0.7362971305847168},{"id":"https://openalex.org/keywords/stock-market","display_name":"Stock market","score":0.5961298942565918},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.4942910671234131},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.46428218483924866},{"id":"https://openalex.org/keywords/market-maker","display_name":"Market maker","score":0.44341564178466797},{"id":"https://openalex.org/keywords/technical-analysis","display_name":"Technical analysis","score":0.43891623616218567},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4269167184829712},{"id":"https://openalex.org/keywords/stock","display_name":"Stock (firearms)","score":0.4198802411556244},{"id":"https://openalex.org/keywords/stock-market-index","display_name":"Stock market index","score":0.4128718078136444},{"id":"https://openalex.org/keywords/monetary-economics","display_name":"Monetary economics","score":0.3223949372768402},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.31280404329299927},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.07615184783935547},{"id":"https://openalex.org/keywords/context","display_name":"Context (archaeology)","score":0.06689190864562988}],"concepts":[{"id":"https://openalex.org/C2779652781","wikidata":"https://www.wikidata.org/wiki/Q5165738","display_name":"Contrarian","level":2,"score":0.9210066795349121},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.7362971305847168},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.5961298942565918},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.4942910671234131},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.46428218483924866},{"id":"https://openalex.org/C18991353","wikidata":"https://www.wikidata.org/wiki/Q1137319","display_name":"Market maker","level":4,"score":0.44341564178466797},{"id":"https://openalex.org/C117245426","wikidata":"https://www.wikidata.org/wiki/Q235038","display_name":"Technical analysis","level":2,"score":0.43891623616218567},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4269167184829712},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.4198802411556244},{"id":"https://openalex.org/C88389905","wikidata":"https://www.wikidata.org/wiki/Q223371","display_name":"Stock market index","level":4,"score":0.4128718078136444},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3223949372768402},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.31280404329299927},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.07615184783935547},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.06689190864562988},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.15439/2015f338","is_oa":true,"landing_page_url":"https://doi.org/10.15439/2015f338","pdf_url":"https://annals-csis.org/proceedings/2015/pliks/338.pdf","source":{"id":"https://openalex.org/S4220651875","display_name":"Annals of Computer Science and Information Systems","issn_l":"2300-5963","issn":["2300-5963"],"is_oa":true,"is_in_doaj":true,"is_core":false,"host_organization":"https://openalex.org/P4310317484","host_organization_name":"Polskie Towarzystwo Informatyczne","host_organization_lineage":["https://openalex.org/P4310317484"],"host_organization_lineage_names":["Polskie Towarzystwo Informatyczne"],"type":"conference"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Annals of Computer Science and Information Systems","raw_type":"proceedings-article"},{"id":"pmh:oai:doaj.org/article:f6bdd85c025f4828a6cadac52f2c8bfb","is_oa":false,"landing_page_url":"https://doaj.org/article/f6bdd85c025f4828a6cadac52f2c8bfb","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Annals of computer science and information systems, Vol 5, Pp 1361-1366 (2015)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.15439/2015f338","is_oa":true,"landing_page_url":"https://doi.org/10.15439/2015f338","pdf_url":"https://annals-csis.org/proceedings/2015/pliks/338.pdf","source":{"id":"https://openalex.org/S4220651875","display_name":"Annals of Computer Science and Information Systems","issn_l":"2300-5963","issn":["2300-5963"],"is_oa":true,"is_in_doaj":true,"is_core":false,"host_organization":"https://openalex.org/P4310317484","host_organization_name":"Polskie Towarzystwo Informatyczne","host_organization_lineage":["https://openalex.org/P4310317484"],"host_organization_lineage_names":["Polskie Towarzystwo Informatyczne"],"type":"conference"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Annals of Computer Science and Information Systems","raw_type":"proceedings-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.4099999964237213}],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W1938938769.pdf","grobid_xml":"https://content.openalex.org/works/W1938938769.grobid-xml"},"referenced_works_count":23,"referenced_works":["https://openalex.org/W1493399743","https://openalex.org/W1563562694","https://openalex.org/W2010891591","https://openalex.org/W2048941631","https://openalex.org/W2062016630","https://openalex.org/W2106798814","https://openalex.org/W2115434452","https://openalex.org/W2125520394","https://openalex.org/W2129029454","https://openalex.org/W2131171931","https://openalex.org/W2131177033","https://openalex.org/W2144487825","https://openalex.org/W2154579496","https://openalex.org/W2158575502","https://openalex.org/W3121295248","https://openalex.org/W3122094778","https://openalex.org/W3123912718","https://openalex.org/W3124639629","https://openalex.org/W4248283403","https://openalex.org/W4248968880","https://openalex.org/W6633719570","https://openalex.org/W6678812725","https://openalex.org/W6681703846"],"related_works":["https://openalex.org/W4289337686","https://openalex.org/W3088815842","https://openalex.org/W2178783770","https://openalex.org/W2165199702","https://openalex.org/W3121643887","https://openalex.org/W4391188578","https://openalex.org/W2007525612","https://openalex.org/W3109225388","https://openalex.org/W2990652064","https://openalex.org/W2347431378"],"abstract_inverted_index":{"This":[0,26],"paper":[1],"focuses":[2],"on":[3,21],"one":[4],"of":[5,74],"the":[6,11,15,22,49,75],"most":[7],"popular":[8],"issues":[9],"in":[10,48],"Polish":[12,77],"finance":[13],"-is":[14],"'buying":[16],"stock":[17],"market":[18],"winners'":[19],"profitable":[20],"Warsaw":[23],"Stock":[24],"Exchange?":[25],"study":[27],"tested":[28],"whether":[29],"Ichimoku":[30],"trend":[31],"following":[32],"strategy":[33],"performed":[34],"better":[35],"than":[36],"simple":[37],"buy":[38],"&":[39],"hold":[40],"benchmark.":[41],"For":[42],"automated":[43],"backtests":[44],"WIG30":[45],"index":[46],"components":[47],"period":[50],"2012-12-28":[51],"to":[52],"2015-05-06":[53],"were":[54],"used.":[55],"The":[56],"empirical":[57],"results":[58],"suggest":[59],"that":[60],"buying":[61],"recent":[62],"\"winners\"":[63],"is":[64],"very":[65],"ineffective.":[66],"These":[67],"preliminary":[68],"findings":[69],"may":[70],"imply":[71],"contrarian":[72],"nature":[73],"short-term":[76],"financial":[78],"market.":[79]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2016,"cited_by_count":1}],"updated_date":"2026-07-29T14:22:42.915294","created_date":"2025-10-10T00:00:00"}