3 ms·
As someone paid to do such looking for the past decade I can assure you that both econometric and market series' are subject to periodic, as well as quasiperiod
by aminorex 10y ago
As someone paid to do such looking for the past decade I can assure you that both econometric and market series' are subject to periodic, as well as quasiperiodic, chaotic, and exogenous forcing functions. Everything looks like white noise when your eyes are closed.
- Retric 10y agoIf there where real periodic cycles you could predict if the US economy where Up or Down with above random odds for July 4th, 2050. Nobody can, because what you call periodic is something else. Another way of saying it is there where say a X year cycle to the economy it would be a very famous result. (Ignoring seasonal variation.)
- return0 10y agoEven the Black-scholes models it as random motion.
- csomar 10y ago> are subject to periodic, as well as quasiperiodic, chaotic, and exogenous forcing functions. Isn't that what random is?