Add to ORKGA sample of 224 companies listed in the Kuala Lumpur Stock Exchange was taken for the period 1991-96. The serial correlations tests of varying lags and the runs tests were employed to test for the random walk theory. The bulk of the results tilts towards the rejection of non-randomness, lending weight to the argument that the stock market has no memory, and casting doubt upon the usefulness of technical analysis
This study re-examines the price behaviour of Asian stock markets in light of the random walk hypoth...
In this paper, we test the Johannesburg Stock Exchange market for the existence of the random walk h...
Abstract: This paper uses the multiple variance ratio test procedure developed by Chow and Denning (...
This study re-examines the price behaviour of 77 individual stocks listed on Bursa Malaysia in light...
This study re-examines the price behaviour of 77 individual stocks listed on Bursa Malaysia in light...
Study was carried out to check the random behavior of the Karachi Stock Exchange (KSE 100 Index) dur...
Several studies have reported empirical evidence that stock returns are contrary to the random walk ...
This study re-examines the price behaviour of Asian stock markets in light of the random walk hypoth...
The main objective of this study is to address the question of whether stock prices follow random wa...
This study investigates the validity of the random walk model for an emerging stock market (Amman St...
This paper uses a Markov chain model to test the random walk hypothesis of stock prices. Given a tim...
This article reports the results of tests on the weak-form market efficiency applied to the PSI-20 i...
An attempt is made in this paper to examine whether stock returns in two premier two exchanges in In...
The main objective of this study is to address the question of whether stock prices follow random wa...
this article we test the random walk hypothesis for weekly stock market returns by comparing varianc...
This study re-examines the price behaviour of Asian stock markets in light of the random walk hypoth...
In this paper, we test the Johannesburg Stock Exchange market for the existence of the random walk h...
Abstract: This paper uses the multiple variance ratio test procedure developed by Chow and Denning (...
This study re-examines the price behaviour of 77 individual stocks listed on Bursa Malaysia in light...
This study re-examines the price behaviour of 77 individual stocks listed on Bursa Malaysia in light...
Study was carried out to check the random behavior of the Karachi Stock Exchange (KSE 100 Index) dur...
Several studies have reported empirical evidence that stock returns are contrary to the random walk ...
This study re-examines the price behaviour of Asian stock markets in light of the random walk hypoth...
The main objective of this study is to address the question of whether stock prices follow random wa...
This study investigates the validity of the random walk model for an emerging stock market (Amman St...
This paper uses a Markov chain model to test the random walk hypothesis of stock prices. Given a tim...
This article reports the results of tests on the weak-form market efficiency applied to the PSI-20 i...
An attempt is made in this paper to examine whether stock returns in two premier two exchanges in In...
The main objective of this study is to address the question of whether stock prices follow random wa...
this article we test the random walk hypothesis for weekly stock market returns by comparing varianc...
This study re-examines the price behaviour of Asian stock markets in light of the random walk hypoth...
In this paper, we test the Johannesburg Stock Exchange market for the existence of the random walk h...
Abstract: This paper uses the multiple variance ratio test procedure developed by Chow and Denning (...