Current Issue

Volume 11, Issue 1 (2024)

ISSN: 3067-2287

DOI Prefix: 10.5281/zenodo.

UNDERSTANDING NIGERIAN STOCK MARKET MOVEMENTS THROUGH THE LENS OF THE FRACTAL MARKET HYPOTHESIS

By Emeka Chinedu Okafor

This study empirically tested the Fractal Market Hypothesis (FMH) in the Nigerian Stock Market (NSM) using Exponential Generalized Autoregressive Conditional Heteroskedasticity (EGARCH) models. The FMH suggests that financial markets exhibit fracta...

AN EVALUATION OF MARKET DYNAMICS: APPLYING THE FRACTAL MARKET HYPOTHESIS TO NIGERIAN STOCK BEHAVIOR

By Samuel Chinedu Ibe

The Efficient Market Hypothesis (EMH) has long been a cornerstone in financial theory, asserting that stock prices fully reflect all available information, leading to an efficient market where no investor can consistently achieve returns higher tha...