Random Walk Theory: The random walk theory holds that it is futile to try to predict changes in stock prices. Advocates of the theory base their assertion on the belief that stock prices react to information as it becomes known, and that, because of the randomness of this information, prices themselves change as randomly as the path of a wandering person's walk. This theory stands in opposition to technical analysis, whose practitioners believe you can predict future stock behavior based on statistical patterns of prior performance.

 

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Random Walk Theory: The random walk theory holds that it is futile to try to predict changes in stock prices. Advocates of the theory base their assertion on the belief that stock prices react to information as . . . View Full Definition

Random Walk: Theory that stock price changes from day to day are accidental or haphazard; changes are independent of each other and have the same probability distribution. Many believers in the random wa . . . View Full Definition

Random-Conical Reconstruction: a method of data collection and reconstruction used for single particles, typically used initially in a project, to obtain a first low-resolution reconstruction of the macromolecule [Raderma . . . View Full Definition

Random Wound: The standard type of stator winding used in motors under 1,000 volts. The coils are random wound with round wire as opposed to flat form wound coils.