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Applying the predictor to the intraday financial time series allows to effectively
perform for one step where the correctness reaches 70% of properly recognized
signs. The best strategy in the case of Polish stocks is a mean-reverting one.
Only slightly worse predictions are attained by autoregressive systems. Unfor-
tunately, these encouraging results are mostly useless, for building a profitable
investing system. We explained that successful acting requires statistically sig-
nificant forecasts for more than only one step forward.
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