33:
1059:
1067:
1880:
1046:
559:, as well as by insiders and institutions that often buy and sell stocks for reasons unrelated to fundamental value, such as for diversification, liquidity and taxes. These temporary shocks referred to as
555:
in that it claims that the prices of securities are not always the best estimate of the true underlying value of the firm. It argues that prices can be influenced by speculators and
1101:
793:
686:
753:
530:
1094:
1062:
1917:
1087:
397:
1941:
1332:
679:
639:
1357:
523:
1070:
890:
820:
672:
599:
372:
1351:
778:
499:
321:
1946:
1834:
1774:
1570:
1476:
1036:
799:
563:
can obscure the true value of securities and may result in mispricing of these securities, potentially for many years.
1951:
1560:
1528:
1432:
1386:
1369:
1322:
971:
552:
47:
1936:
1910:
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1339:
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273:
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382:
1734:
1409:
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1026:
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202:
1956:
1576:
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935:
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347:
1903:
1714:
1523:
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392:
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331:
259:
176:
54:
42:
32:
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183:
151:
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136:
24:
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92:
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156:
103:
97:
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1930:
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214:
161:
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126:
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141:
367:
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Random walk hypothesis § A non-random walk hypothesis
1891:
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1223:
1190:
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918:
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Financial economics § Challenges and criticism
794:Qualifying investor alternative investment fund
1911:
1095:
680:
524:
8:
754:Labour-sponsored venture capital corporation
1918:
1904:
1102:
1088:
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15:
572:
339:
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23:
7:
1876:
1874:
640:Agent-based computational economics
1890:. You can help Knowledge (XXG) by
1886:This finance-related article is a
14:
1878:
1358:Electronic communication network
1065:
1058:
1057:
31:
274:Over-the-counter (off-exchange)
891:Socially responsible investing
821:Split capital investment trust
1:
1352:Multilateral trading facility
779:Open-ended investment company
582:, Kane, A. and Marcus, A. J.
500:Sustainable development goals
1775:Returns-based style analysis
1571:Post-modern portfolio theory
1477:Security characteristic line
1037:Returns-based style analysis
800:Real estate investment trust
1942:Efficient-market hypothesis
1529:Efficient-market hypothesis
1433:Capital asset pricing model
1370:Straight-through processing
972:Efficient-market hypothesis
611:The Noisy Market Hypothesis
553:efficient-market hypothesis
1973:
1873:
1346:Alternative Trading System
811:Short-term investment fund
635:Adaptive market hypothesis
1055:
759:Listed investment company
728:Fonds commun de placement
584:Essentials of Investments
383:Diversification (finance)
1410:Arbitrage pricing theory
967:Arbitrage pricing theory
1689:Initial public offering
1550:Modern portfolio theory
1445:Dividend discount model
1328:List of stock exchanges
1042:Traditional investments
1027:Commodity pool operator
1001:Noisy market hypothesis
996:Modern portfolio theory
846:Unitised insurance fund
774:Open-ended fund company
716:Common contractual fund
549:noisy market hypothesis
1577:Random walk hypothesis
1022:Alternative investment
936:Institutional investor
348:Alternative investment
1715:Market capitalization
1524:Dollar cost averaging
836:Unit investment trust
696:Investment management
480:Investment management
393:Environmental finance
1535:Fundamental analysis
1519:Contrarian investing
1482:Security market line
1387:Liquidity aggregator
1364:Direct market access
1275:Quantitative analyst
826:Tax transparent fund
722:Exchange-traded fund
1947:Financial economics
1780:Reverse stock split
1725:Market manipulation
1649:Dual-listed company
1509:Algorithmic trading
1439:Capital market line
1241:Inter-dealer broker
881:Manager of managers
789:Private-equity fund
650:Information cascade
615:Wall Street Journal
505:Sustainable finance
19:Part of a series on
1952:Behavioral finance
1820:Stock market index
1659:Efficient frontier
1598:Technical analysis
1556:Momentum investing
1378:(private exchange)
1268:Proprietary trader
1210:Shares outstanding
1200:Authorised capital
991:Martingale pricing
901:Thematic investing
866:passive management
495:Speculative attack
260:Structured product
1937:Financial markets
1899:
1898:
1868:
1867:
1669:Flight-to-quality
1421:Buffett indicator
1111:Financial markets
1077:
1076:
855:Investment styles
588:McGraw Hill Irwin
541:
540:
368:Banks and banking
358:Asset (economics)
184:Credit derivative
152:Stock certificate
25:Financial markets
1964:
1920:
1913:
1906:
1882:
1875:
1785:Share repurchase
1497:Trading theories
1382:Crossing network
1340:Over-the-counter
1177:Restricted stock
1133:Secondary market
1104:
1097:
1090:
1081:
1069:
1068:
1061:
1060:
910:growth investing
876:Impact investing
744:Investment trust
689:
682:
675:
666:
622:
608:
602:
577:
557:momentum traders
533:
526:
519:
475:Impact investing
470:Growth investing
203:Foreign exchange
189:Futures exchange
137:Registered share
35:
16:
1972:
1971:
1967:
1966:
1965:
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1962:
1961:
1927:
1926:
1925:
1924:
1871:
1869:
1864:
1855:Voting interest
1765:Public offering
1700:Mandatory offer
1674:Government bond
1654:DuPont analysis
1617:
1613:Value investing
1608:Value averaging
1603:Trend following
1588:Style investing
1583:Sector rotation
1498:
1492:
1471:Net asset value
1397:Stock valuation
1391:
1311:
1219:
1186:
1172:Preferred stock
1147:
1113:
1108:
1078:
1073:
1051:
1010:
955:
951:Performance fee
941:Net asset value
931:Fund governance
926:Closed-end fund
914:
850:
707:
705:
698:
693:
631:
626:
625:
621:, June 14, 2006
609:
605:
578:
574:
569:
537:
378:Climate finance
307:
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194:Hybrid security
132:Preferred stock
102:
93:High-yield debt
88:Government bond
12:
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1815:Stock exchange
1812:
1810:Stock dilution
1807:
1802:
1797:
1792:
1787:
1782:
1777:
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1767:
1762:
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1747:
1742:
1737:
1735:Mean reversion
1732:
1727:
1722:
1717:
1712:
1710:Market anomaly
1707:
1702:
1697:
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1686:
1681:
1676:
1671:
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1629:Bid–ask spread
1625:
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1494:
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1479:
1474:
1468:
1463:
1458:
1456:Earnings yield
1453:
1451:Dividend yield
1448:
1442:
1436:
1430:
1424:
1418:
1413:
1407:
1401:
1399:
1393:
1392:
1390:
1389:
1384:
1379:
1373:
1367:
1361:
1355:
1349:
1343:
1342:(off-exchange)
1337:
1336:
1335:
1330:
1319:
1317:
1316:Trading venues
1313:
1312:
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1225:
1221:
1220:
1218:
1217:
1215:Treasury stock
1212:
1207:
1202:
1196:
1194:
1188:
1187:
1185:
1184:
1182:Tracking stock
1179:
1174:
1169:
1164:
1158:
1156:
1149:
1148:
1146:
1145:
1140:
1135:
1130:
1128:Primary market
1124:
1122:
1115:
1114:
1109:
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1015:Related topics
1012:
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1009:
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896:Social trading
893:
888:
886:Social finance
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828:
823:
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642:
637:
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571:
570:
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551:contrasts the
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538:
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365:
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353:Angel investor
350:
342:
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334:
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324:
316:
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306:
305:
300:
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269:
268:
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265:Swap (finance)
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197:
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157:Stock exchange
154:
149:
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139:
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124:
116:
115:
109:
108:
107:
106:
104:Securitization
100:
98:Municipal bond
95:
90:
85:
80:
78:Corporate bond
75:
73:Bond valuation
67:
66:
60:
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45:
37:
36:
28:
27:
21:
20:
13:
10:
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3:
2:
1969:
1958:
1957:Finance stubs
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1953:
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1801:
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1790:Short selling
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1687:
1685:
1682:
1680:
1679:Greenspan put
1677:
1675:
1672:
1670:
1667:
1665:
1664:Financial law
1662:
1660:
1657:
1655:
1652:
1650:
1647:
1645:
1642:
1640:
1639:Cross listing
1637:
1635:
1632:
1630:
1627:
1626:
1624:
1622:Related terms
1620:
1614:
1611:
1609:
1606:
1604:
1601:
1599:
1596:
1594:
1593:Swing trading
1591:
1589:
1586:
1584:
1581:
1578:
1575:
1572:
1569:
1567:
1564:
1562:
1561:Mosaic theory
1559:
1557:
1554:
1551:
1548:
1546:
1545:Market timing
1543:
1541:
1538:
1536:
1533:
1530:
1527:
1525:
1522:
1520:
1517:
1515:
1512:
1510:
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1506:
1504:
1502:
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1489:
1486:
1483:
1480:
1478:
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1472:
1469:
1467:
1464:
1462:
1459:
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1454:
1452:
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1446:
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1428:
1425:
1422:
1419:
1417:
1414:
1411:
1408:
1406:
1403:
1402:
1400:
1398:
1394:
1388:
1385:
1383:
1380:
1377:
1374:
1371:
1368:
1365:
1362:
1359:
1356:
1353:
1350:
1347:
1344:
1341:
1338:
1334:
1333:Trading hours
1331:
1329:
1326:
1325:
1324:
1321:
1320:
1318:
1314:
1308:
1305:
1301:
1298:
1297:
1296:
1293:
1291:
1288:
1286:
1283:
1281:
1278:
1276:
1273:
1269:
1266:
1264:
1261:
1260:
1259:
1256:
1254:
1251:
1249:
1248:Broker-dealer
1246:
1242:
1239:
1237:
1234:
1233:
1232:
1229:
1228:
1226:
1222:
1216:
1213:
1211:
1208:
1206:
1205:Issued shares
1203:
1201:
1198:
1197:
1195:
1193:
1192:Share capital
1189:
1183:
1180:
1178:
1175:
1173:
1170:
1168:
1165:
1163:
1160:
1159:
1157:
1155:
1150:
1144:
1143:Fourth market
1141:
1139:
1136:
1134:
1131:
1129:
1126:
1125:
1123:
1121:
1116:
1112:
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1082:
1072:
1064:
1054:
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1035:
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1030:
1028:
1025:
1023:
1020:
1019:
1017:
1013:
1007:
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1002:
999:
997:
994:
992:
989:
986:
982:
978:
975:
973:
970:
968:
965:
964:
962:
958:
952:
949:
947:
946:Open-end fund
944:
942:
939:
937:
934:
932:
929:
927:
924:
923:
921:
917:
911:
907:
904:
902:
899:
897:
894:
892:
889:
887:
884:
882:
879:
877:
874:
872:
869:
867:
863:
860:
859:
857:
853:
847:
844:
842:
839:
837:
834:
832:
831:Umbrella fund
829:
827:
824:
822:
819:
817:
814:
812:
809:
807:
806:Royalty trust
804:
801:
798:
795:
792:
790:
787:
785:
782:
780:
777:
775:
772:
770:
769:Offshore fund
767:
765:
762:
760:
757:
755:
752:
750:
747:
745:
742:
740:
737:
735:
734:Fund of funds
732:
729:
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723:
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620:
619:Jeremy Siegel
616:
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431:
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1760:Public float
1730:Market trend
1720:Market depth
1540:Growth stock
1514:Buy and hold
1423:(Cap-to-GDP)
1263:Floor trader
1253:Market maker
1236:Floor broker
1224:Participants
1167:Golden share
1162:Common stock
1138:Third market
1032:Robo-advisor
1000:
977:Fixed income
908: /
864: /
784:Pension fund
655:Noise trader
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490:Market trend
465:Greenwashing
322:Participants
127:Growth stock
122:Common stock
113:Stock market
83:Fixed income
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1845:Uptick rule
1825:Stock split
1805:Squeeze-out
1800:Speculation
1745:Open outcry
1634:Block trade
1566:Pairs trade
1006:Yield curve
919:Terminology
871:Hedge Funds
764:Mutual fund
704:Investment
485:Market risk
298:Spot market
255:Reinsurance
250:Real estate
240:Mutual fund
177:Derivatives
147:Stockbroker
64:Bond market
1931:Categories
1850:Volatility
1830:Stock swap
1750:Order book
1501:strategies
1427:Book value
1295:Arbitrager
1290:Speculator
841:Unit trust
749:Hedge fund
739:Index fund
708:structures
600:0078034698
567:References
327:Regulation
55:Securities
1466:Fed model
1461:EV/EBITDA
1376:Dark pool
1307:Regulator
1152:Types of
1118:Types of
985:Convexity
592:Chapter 8
580:Bodie, Z.
428:corporate
403:Financial
225:Commodity
1795:Slippage
1755:Position
1740:Momentum
1644:Dividend
1323:Exchange
1280:Investor
1063:Category
981:Duration
629:See also
590:, 2013,
453:services
443:personal
438:forecast
408:analysis
332:Clearing
284:Forwards
210:Currency
48:Exchange
1684:Haircut
1488:T-model
1300:Scalper
1120:markets
796:(QIAIF)
561:"noise"
545:finance
460:Fintech
423:betting
413:analyst
313:Trading
289:Options
1705:Margin
1573:(PMPT)
1435:(CAPM)
1285:Hedger
1258:Trader
1231:Broker
1154:stocks
960:Theory
862:Active
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547:, the
448:public
245:Option
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1860:Yield
1835:Trade
1770:Rally
1691:(IPO)
1579:(RMH)
1552:(MPT)
1531:(EMH)
1484:(SML)
1473:(NAV)
1447:(DDM)
1441:(CML)
1412:(APT)
1405:Alpha
1372:(STP)
1366:(DMA)
1360:(ECN)
1354:(MTF)
1348:(ATS)
1047:UCITS
906:Value
816:SICAV
730:(FCP)
724:(ETF)
718:(CCF)
433:crime
418:asset
303:Swaps
235:Money
142:Stock
1888:stub
1695:Long
1499:and
1429:(BV)
1416:Beta
1071:List
706:fund
596:ISBN
373:Bull
543:In
398:ESG
230:ETF
1933::
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