Some people claim that stocks follow a random walk. What does this mean?

a. The price of stock one day is about what it was on the previous day.
b. Changes in stock prices cannot be predicted from available information.
c. Stock prices are not determined by market fundamentals such as supply and demand.
d. Prices of stocks of different firms in the same industry show no or little tendency to move together.

b

Economics

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Demand for Snickers bars will decrease if:

A. the price of Milky Way bars (a substitute) decreases. B. the price of Snickers bars decreases. C. a news story claiming 95% of all geniuses eat at least one Snickers bar a day is released. D. the price of Milky Way bars (a substitute) increases.

Economics

Refer to the information provided in Figure 1.7 below to answer the question(s) that follow. Figure 1.7Refer to Figure 1.7. The slope of the line between Points A and B is

A. 1.5. B. 0.67. C. -0.67. D. -1.5.

Economics