In the short term such markets are, as the phrase goes, a random walk.

正如俗话所说，从短期看，这类市场的走势可以用随机游走来形容。

youdao

When we looked at the random walk series I think the representativeness heuristic played a role in there as well.

当我们观察随机漫步序列时，我认为代表性原则偏误，也起了一定作用。

youdao

So we would model it as a random walk.

所以这里是按照随机漫步的模式进行建模。

youdao

When we looked at the random walk series I think the representativeness heuristic played a role in there as well.

当我们观察随机漫步序列时,我认为代表性原则偏误,也起了一定作用

耶鲁公开课 - 金融市场课程节选

In fact, there's a very famous book called A Random Walk Down Wall Street, that was one of the first to make this hypothesis.

实际上，有一本很著名的书,叫做在华尔街上随机漫步，这本书是最早提出这种假设的先驱者之一。

麻省理工公开课 - 计算机科学及编程导论课程节选

When you look at a random walk you have the intuitive impression that you can extrapolate it -that it doesn't look like -you can't believe it's really random, but the reason you can't is because you overweigh the probability of certain things that caught your attention.

当人们观察随机漫步序列时会有直观印象,并可以以此类推,虽然这看起来并不像...,人们不会觉得这是完全随机的,之所以如此,是因为,人们过分高估了特定事物发生的可能性,这吸引了人们的注意

耶鲁公开课 - 金融市场课程节选

The case for the random walk argument is that trends can appear in patterns that are actually random.

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In the short term such markets are, as the phrase goes, a random walk.

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Pretty much a random walk in the short term most of the time too.

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