Sentences with phrase «of a random walk»

If it were economic developments that caused price changes, long - term returns would play out in the pattern of a random walk.

If stock prices really do play out in the pattern of a random walk, Buy - and - Hold is the ideal investing strategy.

Doesn't that mean that a quadratic rise could be the result of a random walk in the presence of pink noise?

Steven Mosher: warming can not be the result of a random walk since there are boundaries that can not physically be crossed.

It, too, exists in contravention of the random walk hypothesis.

Much of the book is like this — a collection of random walks from biblical starting points — and it leaves the reader feeling rather adrift.

When taking into account the other mathematical moments, the Variance Gamma process can be used for a realistic projection over time, but although it will be more precise, it will still be inaccurate because of the random walk.

Valuation - Informed Indexing # 379 By Rob Bennett Buy - and - Hold would be the ideal investing strategy if stock returns played out in the form of a random walk.

Clearly real fluids are never true continua (think of clouds) and climate has many of the characteristics of a random walk; it is stochastic, not deterministic.

Juicy Excerpt: Stock prices do not play out in the pattern of a random walk in the long term.

Juicy Excerpt: Some people believe that stock prices follow the pattern of a random walk.

Most of today's calculators (this is true not just for retirement calculators but for all investment calcultors) are rooted in the Buy - and - Hold model for understanding how stock investing works, based on Eugene Fama's 1965 finding that the market is efficient and thus should play out in the pattern of a random walk.

A regime - based projection is one that takes into consideration the reality discovered by Robert Shiller in 1981 that stock prices do not fall in the pattern of a random walk but play out in predictable long - term patterns in which valuations rise for about 20 years and then fall for about 15 years.

by Rob Bennett I showed in the last two columns that stock prices do not in the long run fall in the pattern of a random walk.

Stocks follow a pattern of a random walk, but over the past several hundred years (admittedly an atypical period for human civilization), they have followed a random walk with a slight upward trend.