A review of the debate between the stock technical analysis and random walk schools

Hu. Yang, Christopher Deeley, Ning Guan, Xu. Qian

    Research output: Book chapter/Published conference paperConference paperpeer-review

    Abstract

    Technical analysis seeks to forecast future directions in stock prices from the study of past data. Since Bachelier (1900) the technical analysis school has been increasingly challenged by the random walk school, culminating in Fama's efficient market hypothesis (1970). This paper reviews the ongoing debate between those two schools of thought.
    Original languageEnglish
    Title of host publicationMSE 2011
    EditorsMark Zhou
    Place of PublicationNewark, Delaware, USA
    PublisherInformation Engineering Research Institute
    Pages203-206
    Number of pages4
    Publication statusPublished - 2011
    EventManagement Science and Engineering - Chengdu, China, China
    Duration: 01 Oct 201102 Oct 2011

    Conference

    ConferenceManagement Science and Engineering
    Country/TerritoryChina
    Period01/10/1102/10/11

    Fingerprint

    Dive into the research topics of 'A review of the debate between the stock technical analysis and random walk schools'. Together they form a unique fingerprint.

    Cite this