Current Issue

Volume 12, Issue 1 (2025)

ISSN: 3067-2287

DOI Prefix: 10.5281/zenodo.

APPLYING THE FRACTAL MARKET HYPOTHESIS TO NIGERIA’S EQUITY MARKET PERFORMANCE

By Kenneth Uchenna 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 fractal ...

MARKET BEHAVIOR AND STOCK RETURN PREDICTABILITY: A STUDY OF THE NIGERIAN EXCHANGE GROUP

By Nnamdi Obinna Okeke

The Efficient Market Hypothesis has been a central topic in financial discussions, offering significant insights into stock market behaviour. According to Efficient Market Hypothesis, market returns are unpredictable because markets are informational...