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4.A technical analyst is on trial for claims they are making: a)In a certain stock, the analyst claims there is momentum in the prices.You know
4.A technical analyst is on trial for claims they are making:
a)In a certain stock, the analyst claims there is momentum in the prices.You know for a fact this stock price is a martingale.Can the analyst be correct?
b)In a different stock, the analyst claims that there is mean reversion in the stock prices; more specifically, the stock prices follow an unbiased random walk.You know for a fact that this stock is a martingale.Can the analyst be correct?
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