Beyond the Random Walk
A Guide to Stock Market Anomalies and Low-risk Investing
In a proficient market, all stocks ought to be esteemed at a value that is reliable with accessible data. Yet, as money related master Vijay Singal, Ph.D., CFA, brings up, there are conditions under which certain stocks offer at a value higher or lower than the correct cost. In “Past the Random Walk”, Singal talks about ten such atypical costs and shows how financial specialists may – or might not – have the capacity to abuse these circumstances for benefit. The creator distils quite a few years of scholarly research into an engaged talk of market irregularities that is both open and helpful to individuals with differed foundations. Past observational confirmation is supplemented with creator’s own particular research utilizing later information. Oddities secured incorporate the “December Effect,” “Energy in Industry Stocks,” “S&P 500 Index Changes,” “Exchanging by Insiders,” and “Merger Arbitrage.” In every section, the creator depicts the specific irregularity, clarifies how it happens, indicates approaches to exploit the inconsistency, and highlights the dangers included.