Evidence of adaptive markets hypothesis in the foreign exchange market using the USD/Php exchange rate from 1979-2013

• المؤلفون الرئيسيون: Alejo, Bianca, Bianca Cai, Joyce, Chua, Sedric, Dilla, Cedrick
• التنسيق: text
• اللغة: English
• منشور في: Animo Repository 2014
• الموضوعات: Foreign exchange rates > Philippines
• الوصول للمادة أونلاين: https://animorepository.dlsu.edu.ph/etd_bachelors/7757

This research tested the validity of the adaptive markets hypothesis (AMH), a new theory proposed by Professor Andrew Lo in 2004 as a possible alternative to the efficient market hypothesis (EMH) in the foreign exchange market using the USD/Php exchange rate from 1979-2013. The Martingale difference...