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发表于 2011-2-26 04:44 PM
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Just want to say that I was surprised to see those trend based on a random process, the set up was:
1. each day there are equal chance to go up or down;
2. the step size is also a random variable with normal distribution, no bias to positive or negative.
Therefore, I expected to see a random walk around y=1, but what I got is those trend up (down). That made me wonder whether the stock market is just complete random. All those news, earnings, analyst upgrade/downgrade, etc. doesn't really matter to the whole market, even though it seems like they are the determining factors when you focus on a specific day for a specific stock. |
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