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Security Markets Have Been Described as Random Walks and Efficient

question 26

Essay

Security markets have been described as random walks and efficient markets. What does each of these terms mean and how do they relate to the stock market? What makes a market efficient and what are the consequences of efficiency for fundamental and technical analysis?


Definitions:

Contact

A point at which two or more things come together, or a means of communication or interaction between people or organizations.

Defamation

The act of damaging someone's reputation by making false or harmful statements.

Publication

The act of making content available to the general public, typically through printing, broadcasting, or online media.

Liability

Liability is the legal responsibility for one's actions or for a particular outcome, often involving the obligation to pay damages or compensation.

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