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The Efficiency of China's Stock Market
book

The Efficiency of China's Stock Market

by Shiguang Ma
November 2017
Intermediate to advanced content levelIntermediate to advanced
302 pages
16h 35m
English
Routledge
Content preview from The Efficiency of China's Stock Market
68
The Efficiency of China’s Stock Market
Following the introduction, Section 4.2 lays down the statistical foundation of
this study in which the martingale, fair game and random walk models are
redefined. Section 4.3 details the tests of the random walk hypothesis. Section 4.4
illustrates and describes the tests of seasonal effects. Section 4.5 discusses the
event studies. The last section, 4.6, summarizes this chapter.
4.2 Statistical foundations
O p ti m a l e s t im a te s a n d f o r e c a s t s c o n d i t i o n e d o n in fo r m a t io n s e ts
As previously mentioned, under the efficient market ...
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Publisher Resources

ISBN: 9781351146913