Random walks and percolation theory form a fundamental confluence in modern statistical physics and probability theory. Random walks describe the seemingly erratic movement of particles or entities, ...

We study the asymptotic behavior of a multidimensional random walk in a general cone. We find the tail asymptotics for the exit time and prove integral and local limit theorems for a random walk ...

This is a preview. Log in through your library . The purpose of The Annals of Probability is to publish contributions to the theory of probability and statistics and their applications. The emphasis ...

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a ...

Many theorists examine the behavior of stock prices, and the random walk hypothesis attempts to explain why stocks move the way they do. The random walk hypothesis states that stock market prices ...

Mathematicians from the California Institute of Technology have solved an old problem related to a mathematical process called a random walk. The team, which also worked with a colleague from Israel’s ...

Random walk hypothesis suggests stock market movements are unpredictable, impacting active trading. This theory supports long-term investment strategies, like buy-and-hold, over short-term speculation ...