* تهرانی، رضا، نوربخش،عسگر،(1388)"مدیریت سرمایه گذاری"نشر نگاه دانش،ص480،479،69
* راعی، رضا، تلنگی، احمد،(1383) "مدیریت سرمایه گذاری پیشرفته" انتشارات سمت، ص67 ،69،70
* Al Galib, A., Alam, M. and Rahman, R.M. (2014) ‘Prediction of stock price based on hidden Markov model and nearest neighbour algorithm’, Int. J. Information and Decision Sciences, Vol. 6, No. 3, pp.262–292.
* Elaine Rich and Kevin Knight, (1991)“Artificial Intelligence”, 2nd edition, McGraw-Hill, Inc., 1991.
* JAROSLAV LAJOS,(2015)” COMPUTER MODELING USING HIDDEN MARKOV MODEL APPROACH APPLIED TO THE FINANCIAL MARKETS” Doctoraldissertation, Oklahoma State University,United states of America
* Md. Rafiul Hassan and Baikunth Nath,(2005)," stock market forecasting using hidden markov model: a new approach ", Proceedings of the 2005 5th International Conference on Intelligent Systems Design and Applications (ISDA’05)
* Rabiner R L, (1989), A Tutorial on Hidden Markov Models and Selected Applications in Speech Recognition, Proceedings of the IEEE, Vol. 77(2), pp 257-286.
* Oliver C. Ibe,(2009) "Markov Processes for Stochastic Modeling", Elsevier Academic Press Inc, 2009.
* Rijeka ,Przemyslaw Dymarski,(2011)," Hidden Markov Models, Theory and Applications" Publisher: InTech, Chapters published April 19, 2011 under CC BY-NC-SA 3.0 license
* Tofallis (2015). "A Better Measure of Relative Prediction Accuracy for Model Selection and Model Estimation", Journal of the Operational Research Society, 66(8),1352-1362.
* Zhang, Y. (2004)," Prediction of Financial Time Series with Hidden Markov Models", Doctoraldissertation, Simon Fraser University, British Columbia, Canada
)