Random Walk is the financial theory that asserts that changes in price or rate time series are unpredictable. However, the theory recognizes that there is a statistical interdependency between the data. This non-random stickiness is sometimes referred to as autocorrelation or serial correlation.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). random walk. Retrieved September 23, 2026, from http://smartdefine.org/random_walk/definitions/1161711 |
| Chicago | Barry Goldsmith. 2010. "random walk" http://smartdefine.org/random_walk/definitions/1161711 (accessed September 23, 2026). |
| Harvard | Barry Goldsmith 2010, random walk, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/random_walk/definitions/1161711>. |
| MLA | Barry Goldsmith. "random walk" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/random_walk/definitions/1161711> |