volt...'variation' in cycles will always affect...

  1. 1,374 Posts.

    volt...

    'variation' in cycles will always affect 'exact'
    historical predictions, i agree history will repeat
    but in its own 'natural' progression...

    hurst speaks about variation:

    "each cyclic component varies from the ideal
    in that magnitude varies slowly as time passes.
    As magnitude increases, duration also increases.
    As magnitude decreases, duration also decreases."

    "In addition to this primary source of variation,
    deviations from commonality also contribute to
    differences from issue to issue, major deviations are:

    1. relative magnitudes and durations of cyclic
    components differ slightly from issue to issue

    2. time synchronization is not perfect. A cycle high
    or low one issue will not necessarily occur
    at exactly the same time as in another

    3. Several components may tend to dominate in a given
    issue at a given time, while others may dominate
    in other issues at the same time

    these statements are part of the third element of
    cyclic model"
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.