https://merlin2.betonmarkets.com/d/trad ... ymbol=R_25The random walk is a stock index whose price is simulated using random numbers. Unlike real market stock indices whose prices depend on the prices of the individual stocks listed on the Exchange, the random stock index only relies on factors like volatility, previous index price (previous simulated price) and a random number to determine the price of the index. Due to the use of random numbers, the price (or direction) of the index cannot be predicted with certainty and thus behaves like a real market index. When the index is appended with a number, the number is the percentage volatility which would be used in the calculation of the index price. For instance, for the Random Index 25 we use a volatility of 25% in the calculation of the index price. The index started at 1000 on 16-May-2004.

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