Fortune India did a deep-dive of mutual fund (MF) holdings over the past six years, from the Covid-disrupted FY21 through ...

Random walks and percolation theory form a fundamental confluence in modern statistical physics and probability theory. Random walks describe the seemingly erratic movement of particles or entities, ...

For many financial professionals, Burton Malkiel's classic has served as a trusted guide for nearly 50 years. Many investors use it to understand how markets work. This review takes a closer look at ...

Theory that stock price changes from day to day are accidental or haphazard; changes are independent of each other and have the same probability distribution. For a simple random walk, the best ...