Financial economics: Dynamic analysis of macrofundamental variables and risk cases, Colombia and Lima (Peru)

Abstract

Dedicated to all those who believe in their dreams and sow day by day to achieve them. This research book is the product of a frank and open debate related to the importance of accurately measuring financial phenomena that turn out to be related to scenarios of economic openness, financial globalization, competitive market environments and their incidence on risk. Thus, the authors of this book have wanted to show in a clear and detailed way methodological approaches that allow future researchers to carry out replications of this work in other contexts or to broaden the theoretical reflection to strengthen the theoretical framework of financial economics. The analysis contexts in this book have been chosen considering spatial, temporal or historical peculiarities that have aroused intellectual interest in understanding how differentiated impacts are produced on commodity prices, exchange rate and risk or which variables are determinants of these categories of analysis. This work aims to provide investors and researchers with a methodological approach to carry out technical and / or fundamental analyzes for the prediction of the behavior of the main currency pairs worldwide, especially those that can be traded through the Internet, in various platforms that brokers develop to facilitate access and participation in these types of markets. In many cases, the broad panorama of research topics related to the field of financial economics may induce a greater focus on performance analysis to leave out very important elements that should be considered when making investment decisions, such as For example, the most appropriate statistical tools for a certain behavior, the combination of analysis to confirm or deny a prediction, the indicators of more and less risky operations, linearity or non-linearity in quantitative relationships of interest. However, this work does not guarantee success in your investment decisions, due to a large number of factors that will be explained later in the following chapters, however, it intends to considerably reduce your deliberate, irrational and unfounded decisions, regarding amounts, risk analysis, types of currency, duration and times when financial operations are carried out. This requires the application of statistical tools (technical analysis) based on longitudinal data available in secondary information sources and the analysis of the most influential economic indicators in the behavior of the assets mentioned in the document (fundamental analysis). Carlos David Cardona Arenas