Stock, Forex, Commodities, Options, Futures, Cryptocurrencies
Free Resources
logo-main
0 items $0.00
Menu
logo-main
0 items $0.00
Browse Categories
  • Trading Courses
  • Forex and Stocks Trading
  • All in One Series
  • Astro Trading
  • Cycle Trading and Market Timing
  • Options Trading
  • Commodity and Futures
  • Geometric and Pattern Trading
  • Investment and Economy
  • Astrology and Numerology
  • Cryptocurrency Books
  • Home
  • Books and Courses
  • Articles
  • Contact Us
  • About US

Free Resources

Login / Register
0 Wishlist
Home Investment and Economy A Non-Random Walk Down Wall Street
The Alpha Formula High Powered Strategies to Beat the Market with Less Risk By Chris Cain, Laurence A. Connors
The Alpha Formula: High Powered Strategies to Beat the Market with Less Risk $19.99
Back to products
Dictionary of Symbols By Juan Eduardo Cirlot
A Dictionary of Symbols $14.97
A Non-Random Walk Down Wall Street by Andrew W. Lo, A. Craig MacKinlay
Click to enlarge

A Non-Random Walk Down Wall Street

$21.91

Author(s)

Andrew Lo, Archie Craig MacKinlay

Format

PDF

Pages

338

Published Date

1999

Add to wishlist
653 People watching this product now!
Category: Investment and Economy
Share:
  • Description
Description
Rate this product

A Non-Random Walk Down Wall Street invites scholars to reconsider the Random Walk Hypothesis, and, by carefully documenting the presence of predictable components in the stock market, also directs investment professionals toward superior long-term investment returns through disciplined active investment management.

For over half a century, financial experts have regarded the movements of markets as a random walk–unpredictable meanderings akin to a drunkard’s unsteady gait–and this hypothesis has become a cornerstone of modern financial economics and many investment strategies. Here Andrew W. Lo and A. Craig MacKinlay put the Random Walk Hypothesis to the test. In this volume, which elegantly integrates their most important articles, Lo and MacKinlay find that markets are not completely random after all, and that predictable components do exist in recent stock and bond returns. Their book provides a state-of-the-art account of the techniques for detecting predictabilities and evaluating their statistical and economic significance, and offers a tantalizing glimpse into the financial technologies of the future.

The articles track the exciting course of Lo and MacKinlay’s research on the predictability of stock prices from their early work on rejecting random walks in short-horizon returns to their analysis of long-term memory in stock market prices. A particular highlight is their now-famous inquiry into the pitfalls of “data-snooping biases” that have arisen from the widespread use of the same historical databases for discovering anomalies and developing seemingly profitable investment strategies

Contents:

  • Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test
  • The Size and Power of the Variance Ratio Test in Finite Samples: A Monte Carlo Investigation
  • Econometrίc Analysis of Nonsynchronous Trading
  • When Are Cοηtrarian Profits Due to Stock Market Overreaction?
  • Long-Term Memory in Stock Market Prices
  • Multifactor Models Do Not Explain Deviations from the CAPM
  • Data-Snooping Biases in Tests of Financial Asset Pricing Models
  • Maximizing Predictability in the Stock and Bond Markets
  • An Ordered Probit Analysis of Transaction Stock Prices
  • Index-Futures Arbitrage and the Behavior of Stock Index Futures Prices
  • Order Imbalances and Stock Price Movements on October 19 and 20, 1987
A Non-Random Walk Down Wall Street By Andrew Lo, Archie Craig MacKinlay pdf

Related products

George Henry Lewes - Science and Speculation
Quick view
Add to wishlist

Science and Speculation

$8.12
Add to cart
Ten years in Wall Street
Quick view
Add to wishlist

Ten years in Wall Street

$13.00
Add to cart
Scientific Stock Speculation
Quick view
Add to wishlist

Scientific Stock Speculation

$12.00
Add to cart
Investing For Profit By George Charles Selden
Quick view
Add to wishlist

Investing For Profit

$10.00
Add to cart
Pitfalls Of Speculation By Thomas Gibson
Quick view
Add to wishlist

Pitfalls Of Speculation

$13.78
Add to cart
The Battle for Investment Survival2
Quick view
Add to wishlist

The Battle For Investment Survival

$17.00
Add to cart
How to Invest and How to Speculate
Quick view
Add to wishlist

How to Invest and How to Speculate

$15.00
Add to cart
Investment and Speculation
Quick view
Add to wishlist

Investment and Speculation

$14.00
Add to cart

ONLINE PAYMENT

Payment methods

24/7 SUPPORT

Unlimited help desk

100% SAFE

SSL Certificate

INSTANT DOWNLOAD

Digital Ebooks and Courses

logo-main

Trading Books, Trading Courses, Trading Articles for All Traders

  • Charitsy Building, Zabeel Road, Al Karama st, Dubai
  • Telegram : @sacredtraders
  • Email: [email protected]
Recent Posts
  • Trading, Time Frames, And Trends By B.C. Low
    September 30, 2023 No Comments
  • Volatility As A Stock Bellwether By Dan Zanger and Matt Blackman
    September 23, 2023 No Comments
  • Getting Clear With Short-Term Swings By Ron Black
    September 16, 2023 No Comments

NEW PRODUCTS

  • 21st Century Point and Figure New and Advanced Techniques for Using Point and Figure Charts By Jeremy Du Plessis 21st Century Point and Figure: New and Advanced Techniques for Using Point and Figure Charts $20.00
  • Edgar E. Peters - Fractal Market Analysis_ Applying Chaos Theory to Investment and Economics Fractal Market Analysis: Applying Chaos Theory to Investment and Economics $31.20
  • USEFUL LINKS
    • Trading Books and Courses
    • W.D. Gann
    • Privacy Policy
    • Terms & Conditions
    • DMCA
2017-2023 Sacred Traders Powerd By Sacred Traders Team
  • Menu
  • Categories
  • Trading Courses
  • Forex and Stocks Trading
  • All in One Series
  • Astro Trading
  • Cycle Trading and Market Timing
  • Options Trading
  • Commodity and Futures
  • Geometric and Pattern Trading
  • Investment and Economy
  • Astrology and Numerology
  • Cryptocurrency Books
  • Home
  • Books and Courses
  • Articles
  • Contact Us
  • About US
Shopping cart
Close
Sign in
Close

Lost your password?

No account yet?

Create an Account
Shop
0 Wishlist
0 items Cart
My account