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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Bibliographic Details
Main Authors: Nicolae-Marius JULA, Nicoleta JULA
Format: Article
Language:English
Published: Nicolae Titulescu University Publishing House 2017-05-01
Series:Challenges of the Knowledge Society
Subjects:
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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