Random walk down ses
Several studies have reported empirical evidence that stock returns are contrary to the random walk hypothesis. Although capital market efficiency has been a popular area for research in financial economics, most of the documented work has been on developed markets like the NYSE. Relatively little w...
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Main Authors: | , , |
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Other Authors: | |
Format: | Final Year Project |
Language: | English |
Published: |
2014
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Subjects: | |
Online Access: | http://hdl.handle.net/10356/60146 |
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Institution: | Nanyang Technological University |
Language: | English |
Summary: | Several studies have reported empirical evidence that stock returns are contrary to the random walk hypothesis. Although capital market efficiency has been a popular area for research in financial economics, most of the documented work has been on developed markets like the NYSE. Relatively little work has been carried out on our local stock market. This project is not a redress in any way, but only sets out to investigate the general behavior
of our market and investors. |
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