Jun 16, 2015; Cleveland, OH, USA; Golden State Warriors guard Leandro Barbosa (19) shoots against Cleveland Cavaliers forward LeBron James (23) during the first quarter of game six of the NBA Finals ...
The forward premium, the difference between the forward exchange rate and the spot exchange rate, contains economically valuable information about the future of exchange rates. Here is the evidence ...
The random walk theorem, first presented by French mathematician Louis Bachelier in 1900 and then expanded upon by economist Burton Malkiel in his 1973 book A Random Walk Down Wall Street, asserts ...
Over the past quarter-century there has been considerable innovation in methods for assessing the tempo and mode of evolution in paleobiological data sets. The current literature of these methods ...
This is a preview. Log in through your library . Abstract We study the behavior of random walk in random environment (RWRE) on trees in the critical case left open in previous work. Representing the ...
Random walks constitute one of the cornerstone concepts in probability theory and statistical physics, representing a class of stochastic processes in which a moving entity takes successive steps in ...
An interesting paper making the point that you can too forecast foreign exchange rates. Not, of course, at the hour to hour level where people speculate at leverage of 500:1, but over longer time ...
Random walk hypothesis suggests stock market movements are unpredictable, impacting active trading. This theory supports long-term investment strategies, like buy-and-hold, over short-term speculation ...