Explain lognormal random walk based on Brownian motion

Explain lognormal random walk based on Brownian motion.

E

Expert

Verified

This idea is proposed by Robert Brown. This idea of the random walk has permeated various scientific fields and is commonly utilized as the model mechanism behind a variety of unpredictable continuously-time processes. This Brownian motion is the classical paradigm for the stock market.

   Related Questions in Corporate Finance

  • Q : Why do a Split Why do a Split?

    Why do a Split?

  • Q : Explain Corporate Development Corporate

    Corporate Development: Corporate development is a term which references the range of planning options and strategies which can assist to move a company toward its targets. The procedure of this kind of strategic development can be exerted to just abou

  • Q : How present value of tax shields be

    I have two valuations of the company that we set as an objective. Within one of them, the present value of tax shields (D Kd T) computed using Ku (required return to unlevered equity) and, in one, by using Kd (required return to debt). The second valuation is too high

  • Q : Explain the result of volatility

    Explain the result of volatility structure.

  • Q : Estimate stock's current price A

    A company currently pays a dividend of $3.75 per share, D0 = 3.75. It is estimated that the company's dividend will grow at a rate of 15% percent per year for the next 2 years, then the dividend will grow at a constant rate of 7% the

  • Q : Is book value the excellent proxy to

    Is book value the excellent proxy to the value of the shares?

  • Q : Who were the creators of uncertain

    Who were the creators of uncertain volatility model?

  • Q : Does the equity of shareholders have

    Does the equity of shareholders represents the savings a company has accumulated by the years?

  • Q : Profitability Ratios Profitability

    Profitability Ratios: These ratios comprise the Gross profit Margin, Net profit Margin, Operating Margin, Return on Equity (ROE), and Return on Total Assets. Such ratios help the firm to examine its profitability, the trend in profits and aid to take

  • Q : What is Regular supply of working

    Regular supply of working capital: The working capital requirement (WCR) estimation helps to ensure that the supply of raw material, which is essential to production, is uninterrupted. Therefore, the firm will be able to get sufficient credits and fun

©TutorsGlobe All rights reserved 2022-2023.