random walk theory


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Related to random walk theory: Efficient market hypothesis

random walk theory

n
(Stock Exchange) stock exchange the theory that the future movement of share prices does not reflect past movements and therefore will not follow a discernible pattern
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References in periodicals archive ?
Scher, "Application of continuous time random walk theory to tracer test measurements in fractured and heterogeneous porous media," Groundwater, vol.
The random walk theory was first brought to light by the discrete approach of Einstein-Smoluchowski, and it consists in treating Brownian motion as a discrete random walk.
For undirected graph, associated with symmetric adjacency matrix A, the random walk theory has been extensively studied in the literature, such as the reversible Markov chain theory.