APPROACHES TO ECONOMIC CRISES FORECASTING BY MEANS OF EXCHANGE INDICES ON THE EXAMPLE OF FOREIGN EXPERIENCE

Oleksandr Astafiev; Kateryna Astafieva; Serhii Rtyshchev; Valeriia Astafieva

doi:10.23856/3009

Oleksandr Astafiev Kryvyi Rih Economic Institute of Kyiv National Economic University named after Vadym Hetman http://orcid.org/0000-0002-2929-3076
Kateryna Astafieva Kryvyi Rih Economic Institute of Kyiv National Economic University named after Vadym Hetman http://orcid.org/0000-0002-3418-7622
Serhii Rtyshchev Kryvyi Rih Economic Institute of Kyiv National Economic University named after Vadym Hetman http://orcid.org/0000-0002-7751-542X
Valeriia Astafieva Moscow Metropolitan Governance University http://orcid.org/0000-0003-4909-2105

Keywords: financial indices, the coefficient of variation, Dow Jones index, standart deviation.

Abstract

The article explores the possibility of financial crises forecasting in the account of stock indexes changes analysis. The subject of the study was the United States of America, and the object was the Dow Jones index, which has been analyzed over the past 47 years. It has been determined that it is highly probable that the value of the Dow Jones index variation coefficient can be predicted in 2018-2020. It has been outlined that the US economic development will be appropriate within the next three years.

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