The random walk behaviour of Malaysian stock market: evidence from individual stocks
This study re-examines the price behaviour of 77 individual stocks listed on Bursa Malaysia in light of the random walk hypothesis. With a new statistical tool, namely the Brock-Dechert-Scheinkman( BDS)test, it is possible to detect a more complex form of dependencies in series of financial returns...
| Päätekijät: | , , |
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| Aineistotyyppi: | Artikkeli |
| Kieli: | English |
| Julkaistu: |
2006
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| Aiheet: | |
| Linkit: | https://eprints.ums.edu.my/id/eprint/18680/1/The%20random%20walk%20behaviour%20of%20Malaysian%20stock%20market.pdf |