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Showing 1 to 1 of 1 for “"intra-day serial correlation"”.

  1. The Nonlinear Behavior of Stock Prices: The Impact of Firm Size, Seasonality, and Trading Frequency

    … stock price changes requires security returns' correlation with, or dependence upon, some variable(s) across time. Since a security's past return is commonly employed in forecasting, and because the lack of lower-order correlation does not guarantee higher-order independence, nonlinear testing …

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