Test the random walk model inAlgeria Stock Exchange -Indicator behavior analysis Dzair Index

مختار عبد الله معزوز | MOKHTAR ABDELLAH MAAZOUZ

01/11/2020 القراءات: 1398  

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This study aims to test the random walk of the AlgiersStock Exchange hypothesisusing evidence for a weeklyindexofAlborsDzair IndexFor the period( 2008-2015 ).Thenormal distribution of the price series and the weekly yield serieswastestedTo applythreeVarious statistical tests are:ExamThe root of the unit,testduplicates, andself - correlationtest.The study found thatreturnsthe indextracking ptDahmodel of random walk, while the test weekly price series results were mixedevidence thatecan not be judgedOn the efficiency ofthe Algerian stock marketat a weak level.This result is not far from the results of studies in most emerging markets.

random traffic the Algiers Stock Exchange the index of the Algiers Stock ExchangeDzair

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