Idea – model hourly (ex open/close) stock performance as random variable

Idea that hit me today while driving — there is a lot of timing bias in the behavior of an individual stock due to the fact 1) humans are on a daily cycle and 2) opening prices gap from yesterdays close / close positioning.  There is also the fact of after market hours news to move prices.

Thing that I am looking for — model a stock performance as a random variable that is *normally distributed*  <- we find that modeling the daily return of $AAPL or $MSFT is not normally distributed (because of things like October 1987 <- that is an event that is so many standard deviations off the curve that it olny had a 10^-79 probability event, but it happened anyways).   Hypothesis:  We know daily price movements are NOT normally distributed, but perhaps the price movements from, say 11am to 1pm ARE normally distributed.

Check the correlation of $XXX from daily performance to 11am-1pm performance.   Are they correlated for something like $AAPL?    What is the 1 year return of $AAPL using only 11am-1pm vs full day performance?    Need to test this and report the findings here later.

 

Countries visited by Hoshi and Nergish Aga

My parents have been to 52 countries. Here is the list:

Argentina 1973, 1998
Australia 1989, 1997, 2014
Austria 1963,
Bahrain 1979
Bolivia 1973 Landed at worlds highest airport La Paz
Brazil 1972, 1973, 1997 (lived here)
Canada 1962, 1966, 2017
Chile 1973, 1998, 2012
China 1978, 1996
Dominican Republic
Egypt 1959, 1965, 1999
Estonia
Finland
France
Germany
Greece
Iceland
India (lived here)
Iran (lived here)
Ireland
Israel
Italy
Japan
Kenya
Malaysia
Malta
Mexico (lived here)
Monaco
Morocco
Nepal
New Zealand
Norway
Oman
Pakistan
Russia
Singapore
South Africa
Spain
Sweden
Switzerland
Thailand
United Kingdom
United States 1959-1963, 1965-1972, 1973-1977, 1979 to present (lives here)
Venezuela 1972 at Caracas airport on way to Brazil
Yemen 1959, 1965
Zambia
Zimbabwe
Bahamas
The Netherlands a.k.a Holland
Panama
Nicaragua
Costa Rica

They have also been to 3 other places that are not UN member states:
Hong Kong
Falkland Islands
Tahiti

 

For further reading on the subject, pick up a copy of “Such a Wonderful Journey” by Hoshi Aga. It is available on Amazon.com

 

 

Countries I have been to

Today during the OU PMBA icebreakers someone stated they have been to 34 different countries. I confidently said, “yeah, I’ve been to at least 34”. I decided to count them up today, with a map for the last year I was in said country.

I was wrong, I have only been to 32. Here is my list:

Canada  (2016)
USA (2018)
Mexico (2018)
Haiti (2010)
Brazil (1973)
Argentina (1973)
UK (1998)
France (1998)
Germany (2014)
Austria (2014)
Switzerland  (2014)
Italy (2014)
Greece (2016)
Bahrain (1980)
Iran (1979)
India (1986)
Singapore (1980)
China (1978)
Japan (1978)
Hong Kong (1978)
Australia (2009)
Fiji (2009)
Monaco  (1973)
Bolivia (1973)
Venezuela (1973)
Oman (1998)
Peru (1973)
Pakistan (1978)
Egypt (1986)
Saint Martin (2012)
Sint Maarten (2012)
Bahamas (2001)

Countries I have been to, by last decade last visited

Green = 2010s
Light green = 2000s
Yellow = 1990s
Orange = 1980s
Red = 1970s

So sorry classmate who has been to 34 (or did you say 36) — you are the real globetrotter!