İstanbul Menkul Kıymetler Borsası’nda Tesadüfi Yürüyüş Testi(Testing for Random Walks in the Istanbul Stock Exchange)
Random walk model is one of the models that are used to test weak-form efficiency. If changes in stock prices follow a random walk model, the price changes will not have serial correlation. In this study, the Istanbul Stock Exchange 100 Index closing price changes for one, five, nine, and sixteen da...
Main Authors: | , |
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Format: | Article |
Language: | deu |
Published: |
Celal Bayar University
2005-01-01
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Series: | Yönetim ve Ekonomi |
Subjects: | |
Online Access: | http://www2.bayar.edu.tr/yonetimekonomi/dergi/pdf/C12S12005/DKME.pdf |