Time Series Introduction (2020)

Here we will discuss Time Series Data and Time Series Analysis. The sequence $y_1,y_2,\cdots, y_n$ of $n$ observations of a variable (say $Y$), recorded in accordance with their time of occurrence $t_1, t_2, \cdots, t_n$, is called a time series. Symbolically, the variable $Y$ can be expressed as a function …

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Random Walk Model

The random walk model is widely used in the area of finance. The stock prices or exchange rates (Asset prices) follow a random walk. A common and serious departure from random behavior is called a random walk (non-stationary) since today’s stock price is equal to yesterday’s stock price plus a …

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