HomeDefinitionsCompareDebt Random walkThe financial definition for 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 walk theory believe that it is impossible to outperform the market consistently without taking additional risk. Similar MatchesContinuous random variableContinuous random variableA random value that can take any fractional value within specified ranges, as contrasted with a discrete variable. Discrete random variableDiscrete random variableA random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . . Normal random variableNormal random variableA random variable that has a normal probability distribution. Further SuggestionsRandom variableClick to compare definitions of Random walk Click to view definitions beginning ra |