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security markets have been described as random walks and efficient markets. What does each of these...

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Finance

security markets have been described as random walks andefficient markets. What does each of these terms mean and how tothe relate to the stock market? What make a market efficient andwhat are the consequences of efficiency for fundamental andtechnical analysis?

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Efficient markets are markets where the stock prices reflect all the publicly available information Hence due to which stock prices do not follow a pattern infact stock prices follow a random walk Any past prices and future prices are unrelated to each    See Answer
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security markets have been described as random walks andefficient markets. What does each of these terms mean and how tothe relate to the stock market? What make a market efficient andwhat are the consequences of efficiency for fundamental andtechnical analysis?

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