WASET
	@article{(Open Science Index):https://publications.waset.org/pdf/1127,
	  title     = {Forecasting Stock Price Manipulation in Capital Market},
	  author    = {F. Rahnamay Roodposhti and  M. Falah Shams and  H. Kordlouie},
	  country	= {},
	  institution	= {},
	  abstract     = {The aim of the article is extending and developing
econometrics and network structure based methods which are able to
distinguish price manipulation in Tehran stock exchange. The
principal goal of the present study is to offer model for
approximating price manipulation in Tehran stock exchange. In order
to do so by applying separation method a sample consisting of 397
companies accepted at Tehran stock exchange were selected and
information related to their price and volume of trades during years
2001 until 2009 were collected and then through performing runs
test, skewness test and duration correlative test the selected
companies were divided into 2 sets of manipulated and non
manipulated companies. In the next stage by investigating
cumulative return process and volume of trades in manipulated
companies, the date of starting price manipulation was specified and
in this way the logit model, artificial neural network, multiple
discriminant analysis and by using information related to size of
company, clarity of information, ratio of P/E and liquidity of stock
one year prior price manipulation; a model for forecasting price
manipulation of stocks of companies present in Tehran stock
exchange were designed. At the end the power of forecasting models
were studied by using data of test set. Whereas the power of
forecasting logit model for test set was 92.1%, for artificial neural
network was 94.1% and multi audit analysis model was 90.2%;
therefore all of the 3 aforesaid models has high power to forecast
price manipulation and there is no considerable difference among
forecasting power of these 3 models.},
	    journal   = {International Journal of Economics and Management Engineering},
	  volume    = {5},
	  number    = {8},
	  year      = {2011},
	  pages     = {957 - 967},
	  ee        = {https://publications.waset.org/pdf/1127},
	  url   	= {https://publications.waset.org/vol/56},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 56, 2011},
	}