The Random Walk Theory suggests that the path stocks follow are in no way influenced by past price movements and therefore no accurate predictions can be made about the future movement of stocks from historical data. However, a number of supporters of the theory have conceded that in the long run, markets do tend to move upwards over time...
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The Random Walk Theory suggests that the path stocks follow are in no way influenced by past price movements and therefore no accurate predictions can be made about the future movement of stocks from historical data. However, a number of supporters of the theory have conceded that in the long run, markets do tend to move upwards over time...
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