random walk hypothesis

listen to the pronunciation of random walk hypothesis
İngilizce - İngilizce
(Finans) The random walk hypothesis is a financial theory stating that stock market prices evolve according to a random walk and thus the prices of the stock market cannot be predicted. It has been described as 'jibing' with the efficient market hypothesis. Investors, economists, and other financial behaviorists have historically accepted the random walk hypothesis. They have run several tests and continue to believe that stock prices are completely random because of the efficiency of the market
İngilizce - Türkçe
(Finans) rassal yürüyüş modeli
random walk hypothesis