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random walk theory

Romanian translation: teoria mersului aleatoriu

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00:54 Oct 19, 2020
English to Romanian translations [PRO]
Bus/Financial - Economics
Additional field(s): Business/Commerce (general), Economics, Finance (general), Investment / Securities, Mathematics & Statistics
English term or phrase: random walk theory
Definition from The Economist:
Also random walk hypothesis. Impossible to predict the next step. efficient market theory says that the prices of many financial assets, such as shares, follow a random walk. In other words, there is no way of knowing whether the next change in the price will be up or down, or by how much it will rise or fall. The reason is that in an efficient market, all the information that would allow an investor to predict the next price move is already reflected in the current price. This belief has led some economists to argue that investors cannot consistently outperform the market. But some economists argue that asset prices are predictable (they follow a non-random walk) and that markets are not efficient.

Example sentence(s):
  • The most well-known practical example of random walk theory occurred in 1988 when the Wall Street Journal sought to test Malkiel's theory by creating the annual Wall Street Journal Dartboard Contest, pitting professional investors against darts for stock-picking supremacy. Investopedia
  • The random walk hypothesis has merit in dissuading investors from trying to make guesses about short-term stock movements. However, many long-term investors still manage to invest well by putting time on their side. The Motley Fool
  • Malkiel and the random walk theory provide considerable support to the intimidated individual investor, but Malkiel in particular encourages investors to understand the theories and investment methods that the random walk theory challenges. Investing Answers
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Question posted on behalf of translation team:
GBK economics and finances specialistsGBK economics and finances specialists


This question is closed

Romanian translation:teoria mersului aleatoriu
Definition:
Teoria mersului aleator ("random walk hypothesis")
Această teorie care prezintă evoluția prețului acțiunilor ca neputând să fie prevăzută face ca analiza fundamentală, precum și aplicarea modelului valorii actualizate a veniturilor viitoare să fie fără temei.

Econometria
Caracteristicile seriilor de date financiare
G. Săvoiu
Selected response from:

Radu DANAILA
Romania
Grading comment
4 KudoZ points were awarded for this answer



Summary of translations provided
4 +2teoria mersului aleatoriu
Radu DANAILA


  

Translations offered


6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
teoria mersului aleatoriu


Definition from https://pdfslide.net:
Teoria mersului aleator ("random walk hypothesis")
Această teorie care prezintă evoluția prețului acțiunilor ca neputând să fie prevăzută face ca analiza fundamentală, precum și aplicarea modelului valorii actualizate a veniturilor viitoare să fie fără temei.

Econometria
Caracteristicile seriilor de date financiare
G. Săvoiu

Example sentence(s):
  • "Cât de eficiente sunt și nu sunt legate piețele de teoria mersului aleatoriu, poate fi descris prin teorema fundamentală a prețului activelor" - Wikipedia  
  • "Teoria mersului aleator a fost fundamentată de concluziile identice la care au ajuns cercetătorii (teoreticieni și practicieni)" - https://www.scribd.com  
  • "Mersul aleatoriu este o teorie a pietei de capital, care sustine faptul ca miscarea din trecut, directia pretului unei actiuni sau a intregii piete nu pot fi folosite ca sa previzioneze ce se va intampla in viitor cu piata de capital sau cu pretul actiunilor." - https://www.money.ro  
Radu DANAILA
Romania
Local time: 21:00
Native speaker of: Native in RomanianRomanian
PRO pts in category: 44

Votes in favor of/against selecting this as the best translation of the term asked
Yes  Gabriela Raț
1 hr
  -> multumesc!
Yes  Astrid Stroe
11 hrs
  -> multumesc!
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