Browsing Faculty of Arts & Social Sciences, Law, Business Mgt (FoA&SS / FoL / FBM) by Subject "Random walk model"
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An empirical test of the random walk model for the Nairobi Stock Exchange (NSE) (School of Business, University of Nairobi, 2010-11)It is usually believed that the markets in developing and less developed countries are not efficient in semi-strong form or strong form. Efficient capital market is one which prices fully reflect the available information. ...