| 4-001 |
Nonrandom
walk of the Dow
Statistical analysis of the returns of the Dow for the period
from 1900 to 2001. Positive correlation of returns is the reason of
nongaussian distribution of returns. |
| 4-002 |
Price
trend stability
Statistical analysis of price changes after short and intermediate
trends. Positive and negative trends have been considered. Analysis
based on the 101 year historical prices of the Dow Jones Industrial
Average. |
| 4-003 |
Market
Efficiency
Market Efficiency: the proposition that securities markets
are efficient forms the basis for most research in financial economics.
Is this statement supported in the economic literature? |