TY - JOUR T1 - Timing the Index Using Model-Based Market Forecasts JF - The Journal of Wealth Management SP - 89 LP - 95 DO - 10.3905/jwm.2000.320381 VL - 3 IS - 1 AU - David Lovatt Y1 - 2000/04/30 UR - https://pm-research.com/content/3/1/89.abstract N2 - This article contains details of a stochastic equation estimated by non-linear least squares which is used to forecast the U.K. stock market. Simulations show that the model performs well in practice. This article also contains details of a FORTRAN algorithm which includes trading rules designed to guide the practical application of the model. Simulations from the trading rules show that it is capable of improving the long-term performance of equity investment funds. ER -