People speak of the value that of a market reverting to the mean over a long time duration.
But , Is there a theory/model that explains that the mean value of market is?
Is it strictly just based on the empirical historical data ? Which , if so, ignores the prospect that the mean can change in the future.
But , Is there a theory/model that explains that the mean value of market is?
Is it strictly just based on the empirical historical data ? Which , if so, ignores the prospect that the mean can change in the future.
Statistics: Posted by Solidman — Wed Nov 20, 2024 5:38 pm — Replies 18 — Views 879