The Application Efficiency of the Hurst Exponent for the Stocks Prices Forecast

The possibility of increasing the accuracy of forecasting stock prices by using the Hurst exponent as an additional indicator to modern forecasting methods. It was obtained confirmation of the effectiveness of the Hurst exponent application as an additional instrument for risk assessment, which allows to improve the reliability of the forecast data in large-scale investment systems. The study (more than 50 companies for the period 2016-2021) confirmed that the application of the Hurst exponent can improve forecasting results of the stock prices.