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  • Search: subject:"weak-form information efficiency"
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Monte Carlo 1 stochastic calculus 1 weak-form information efficiency 1
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Free 1
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Article 1
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English 1
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Hackl, Zbynìk 1 Pošta, Vít 1
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Czech Journal of Economics and Finance (Finance a uver) 1
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RePEc 1
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Information Efficiency of the Capital Market: a Stochastic Calculus Approach Evidence from the Czech Republic (in English)
Pošta, Vít; Hackl, Zbynìk - In: Czech Journal of Economics and Finance (Finance a uver) 57 (2007) 5-6, pp. 235-254
This paper deals with an important characteristic of the capital market: information efficiency. With the use of geometric Brownian motion, the authors run several projections of stock prices based on varying amount of historic information and compare these projections with the real behavior of...
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