Author

  • Hicham Benjelloun

    • College of Business and Economics,Qatar University, Doha Qatar
    • Qatar

Abstract

We argue that the financial markets have a predetermined outcome. They behave deterministically but appear to follow random patterns. Stock prices have nothing to do with future expectations; they are a reflection of previous convictions coming from the confident investors. A financial crisis is the result of the lack of confidence that characterizes a market moments before the crisis. Stocks returns are perfectly correlated to each other and it is possible to obtain high gains consistently. Finally we provide a different way of assessing risk and suggest a method to sense future performances.

Keywords

References

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How to Cite

Benjelloun, H. (2010). About stock markets predictability. Journal of Economics and Behavioral Studies, 2(2), 26-31. https://doi.org/10.22610/jebs.v1i1.218

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Section

Research Paper

Published in

Vol. 2 No. 2 (2011) Finance, Workplace & Technology Adoption View issue contents

Published

2010-12-15

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