seasonal random walk (SRW) model across all quarters, which describes quite well the behavior of the Polish market compared to … naive seasonal random walk model, whereas in the US the most adequate models are of a more sophisticated ARIMA type …

analyzing temperature changes over the past century, uncovering alarming results. Various models, including the Random Walk with …

-dimensional symmetric random walk {𝑋𝑛,𝑛=0,1,…} in the continuation region 𝐶:={1,2,…}, and the second player seeks to maximize the …

the evidence that the random walk hypothesis is not supported by the financial markets analysed in the period of the … random walk hypothesis. …

frequently participate in the survey manage to significantly outperform the random-walk forecast. For the central bank's policy … rate, the market participants typically have a statistically significant higher forecast accuracy than the random-walk … forecast at the three-month horizon; however, at the two- and five-year horizons, the random-walk forecast typically outperform …

This paper presents an investigation into a random walk on a cycle graph with restricted forward movement at most $m …$ steps, known as the forward jump random walk. The study derives precise formulas for the probability mass function of the …