| Issue |
SHS Web Conf.
Volume 129, 2021
The 21st International Scientific Conference Globalization and its Socio-Economic Consequences 2021
|
|
|---|---|---|
| Article Number | 03004 | |
| Number of page(s) | 7 | |
| Section | Financial Management and Financial Markets | |
| DOI | https://doi.org/10.1051/shsconf/202112903004 | |
| Published online | 16 December 2021 | |
The volume profile method and its theoretical connection with microeconomic theory as the main premise of its application
University of Zilina, Faculty of Operation and Economics of Transport and Communications, Univerzitna 1, 010 26 Zilina, Slovakia
* Corresponding author: chutka.jan@gmail.com
Research background: This article was conceived as a very valuable basis and the result of theoretical research in the field of microeconomics with a specific application. Specifically, in the article we tried to accurately describe the logic and predictive weight of the Volume profile method with reference to the exact descriptions of the functioning of the market mechanism.
Purpose of the article: The aim of our paper is to describe in detail and identify the microeconomic foundations of the Volume Profile prediction tool.
Methods: In the first chapter of the article, we described in detail the investigated method of volume profile. Subsequently, we described its logic, functions and detailed calculation as well as its use. We continued with a description of the basic interactions between supply and demand, as well as a description of the market mechanism.
Findings & Value added: The result was an accurate identification and description of the connection between the operation of the investigated prediction method and its microeconomic basis.
Key words: volume profile; / supply; / demand
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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