1. Random Walk
A Random Walk Down Wall Street Keypoints Chapters 1 & 2 A. Random walk is a movement in which future steps or directions cannot be predicted. ... Malkiel demonstrates the Random Walk theory by using a coin to determine the future of a stock. ... There are many technical systems used to analyze the market's random walk. ... This is the fundamental conclusion of the random-walk theory."" ...
- Word Count: 1077
- Approx Pages: 4
- Grade Level: High School