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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.

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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses
Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licensesView Video

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  5. Random Walk Theory

Random Walk Theory

Definition of 'Random Walk Theory'

The movements in (share) prices are independant of one another; one days price change cannot be predicted by looking at the previous days price change.

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Related Terms

Excess CapacityProbabilityAPTEvolutionary Theory of the FirmTraditional Theory of Capital StructureUnbiased Forward Predictor TheoryArbitrage Pricing TheoryCapital Asset Pricing ModelClientele EffectsContractual TheoryDividend IrrelevanceDow TheoryEfficient Market HypothesisExpectations Theory of Foreign ExchangeFallacy of CompositionInterest Rate Parity of Exchange Rate DeterminationInternational (or Open) Fisher TheoryModelParadox of ThriftPecking Order Theory of Financial Gearing

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