A variance ratio test of random walk in the stock exchange of Singapore

• المؤلفون الرئيسيون: Choo, Boon Poh, Tan, Heng Jack, Neo, Boon Sim
• مؤلفون آخرون: Tan Hwee Cheng
• التنسيق: Final Year Project
• اللغة: English
• منشور في: 2015
• الموضوعات: DRNTU::Business::Accounting
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/62967

This study aims to provide an insight into the behaviour of the local stock market by testing the random walk hypothesis. Random walk is an important concept which underlies the behaviour of stock prices in a weak-form efficient market. The outcome of such a test has several significant implicati...