The Stock Price Forecasting Comparative Research of the Use of Fractal Theory at Taiwan Traditional Industry and Technology Industry

As natural phenomena, financial and securities markets are full of unpredictable changes. It is an interesting topic whether fluctuation of stock prices follows certain rules. This paper sources data from the stock market of Taiwan, and selects the stock of Uni-President Enterprises Corp. which is a representative stock with large capital share, and belongs to an traditional industry that is not affected by business cycles, and selects the stock of TSMC which is a representative stock with large capital share, and belongs to an technology industry that is easily affected by business cycles. This paper will use the Fractal theory to study the accuracy of prediction of the random stock price of these two industries.