random walk hypothesis

GPTKB entity

Statements (15)
Predicate Object
gptkbp:instanceOf gptkb:financial_technology
gptkbp:associatedWith gptkb:efficient-market_hypothesis
gptkbp:contrastsWith technical analysis
fundamental analysis
gptkbp:criticizedFor behavioral finance
gptkbp:describes stock market prices
https://www.w3.org/2000/01/rdf-schema#label random walk hypothesis
gptkbp:implies stock prices follow a random path
gptkbp:popularizedBy gptkb:Burton_Malkiel
gptkbp:proposedBy future price changes are independent of past changes
price movements are unpredictable
gptkbp:publishedIn gptkb:A_Random_Walk_Down_Wall_Street
gptkbp:usedIn financial economics
gptkbp:bfsParent gptkb:Drunkard's_Walk
gptkbp:bfsLayer 6