Evidences on Information Efficiency on the Romanian Capital Market

被引：0
|
作者：
Calomfir , Ana Maria [1 ]
Banacu, Cristian Silviu [1 ]
Popescu, Doina I. [1 ]
机构：
[1] Bucharest Univ Econ Studies, Bucharest, Romania
来源：
INNOVATION AND SUSTAINABLE COMPETITIVE ADVANTAGE: FROM REGIONAL DEVELOPMENT TO WORLD ECONOMIES, VOLS 1-5 | 2012年
关键词：
random walk; market efficiency; information; capital markets; RETURNS;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The possibility of shaping the finanacial assets's behaviour for obtaiting forecasts with a high degree of accuracy with respect to the future rates of return represents a continous and ongoing effort for the investment and academic area. The goal of this paper is to consider forecasting the fluctuations of the security titles, starting from the hypothesis that those are influenced by past values; of course, this is not a complete approach, as in every moment the amount of data that an investor may posses is much richer than the amount of historical rates of return, but it represents a starting point for modelling the behaviour of financial assets.
引用
收藏
页码：1450 / 1458
页数：9
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