If the Stock Prices Follow a Random Walk,successive Stock Prices

question 110

True/False

If the stock prices follow a random walk,successive stock prices fluctuate above and below a normal long-run price.

---

Definitions:

Survival

The act of continuing to live or exist, especially in spite of challenging conditions or threats.

Reproduction

The biological process by which new individual organisms are produced from their parents.

Drive

An internal motivational state created by physiological or psychological needs, compelling an individual towards specific behaviors or goal attainment.

Deficiency

A lack or shortage of something necessary, often referring to a scarcity of vital nutritional elements or vitamins in the body.