What is the 'Random Walk Theory'
The random walk theory suggests that stock price changes have the same distribution and are independent of each other,...
What is 'Reallowance'
In securities underwriting, the fee that the underwriting group pays to a securities firm that is not part of the syndicate, but...
DefinitionBacktesting is a term used in modeling to refer to testing a predictive model on historical data. Backtesting is a type of retrodiction, and...