Research Paper (undergraduate) from the year 2012 in the subject Mathematics - Applied Mathematics, grade: 5.5, ZHAW Zurcher Hochschule fur Angewandte Wissenschaften, language: English, abstract: As a consequence of the recent financial crisis, institutions are increasingly interested in identifying turning points in financial time series. The accurate and early identification of these turning points can result in the optimal exploitation of the invested capital and profit maximization. Most existing methods for the real-time identification of turning points have proved unreliable and...