Technical Analysis of the stock market

A stock market is a financial market where multiple shares and securities are traded. It wouldn't make sense over here to go through the details of what exactly a stock market is and the definitions of shares and securities, but what we are going to talk about is how statistics is fundamental for the analysis of the stock and the foreign exchange market (also known as the forex market). A forex market is a simple yet complicated market. In these markets there is a complete and continuous movement Read more [...]

Why businessmen use statistics?

Business deals with numbers and with numbers comes risk. There are several reasons as to why a business can fail, but for sure there is no business that runs today without the count of numbers and without a risk-return calculation process. Some might call it financial analysis and other finance related terms, but one should carefully note that these financial terms and financial jargons all have a common backbone – statistics. Statistics gives all the means that are required to calculate the risk Read more [...]