Economics, Econometrics and Finance
8 years ago

ETF Price Dynamics Show Non-Random Behavior, Challenging Investment Strategies.

More Evidence Against the Random Walk Hypothesis
Shunxin Jiang

Paper Summary

The article presents evidence that ETF price movements do not follow a random pattern. By analyzing various types of ETFs, the researchers found factors like serial correlation and discretized sampling of variance play a role in price dynamics. This suggests that ETF prices do not behave randomly, challenging the random walk hypothesis.

Related papers

Theme background image
Arts and Humanities
7 years ago

Emotionally powerful music performances by the Susquehanna Chorale can deeply move and engage audiences of all ages.

Musical Theatre
Inclusive Education
Music's Impact
12 views
Theme background image
Physics and Astronomy
8 years ago

Polymer chains defy expectations with unpredictable behavior, challenging scientific norms.

Phase Transitions
Glassy Dynamics
Cantorian-Fractal Theory
Theme background image
Mathematics
8 years ago

New 2D random walk models revolutionize ecological and polymer science!

Scaling Limits
Trajectory Analysis
Protein-DNA Interaction