RANDOM WALK HYPOTHESIS IN FINANCIAL MARKETS
Random walk hypothesis states that the stock market prices do not follow a predictable trajectory, but are simply random. If you are trying to predict a random set of data, one should test for randomness, because, despite the power and complexity of the used models, the results cannot be trustworthy...
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Main Authors: | , |
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Format: | Article |
Language: | English |
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Nicolae Titulescu University Publishing House
2017-05-01
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Series: | Challenges of the Knowledge Society |
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Online Access: | http://cks.univnt.ro/uploads/cks_2017_articles/index.php?dir=10_it_laboratory%2F&download=CKS_2017_it_in_social_sciences_002.pdf |
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