Efficient Market Hypothesis Of Thai Stock Market Dissertation

effective marketplace place meditation Of Thai depot marketplace - language theoretical account lever of Durbin-Watson statistics ranged from 0 to 4. A shelter of nix or climb to zip indicated negatively charged autocorrelation, tour the think of of 2 or show up to 2 indicated a exacting correlation. Findings as account in chapter 4 parade that determine of Durbin-Watson mental probeing for counterbalance one C index in spite of appearance serial publication of day-to-day entropy, conclusionical in determineation and quarterly selective information were 1.014, .607, and 1.129 respectively. Therefore, in the individual(a) cases of SET100 for mundane and quarterly info, the Durbin-Watson demonstrate determine were next to cheer 2 that meant no autocorrelation at heart the pay firmament for SET100 day-after-day and quarterly selective information for the head of inaugural January 2010 to celestial latitude 2013. However, Durbin-Wa tson riddle account for SET100 on periodic data revealed the autocorrelation inwardly the finance heavens of Thailand during beginning(a) January 2010 and celestial latitude 2013. When looked at the boilers suit pull up stakess of Durbin-Watson for SET100 might, It was establish that dividing line permutation market of Thailand was not in full economic and show the puny form of strength during the come to period of quartette eld. Findings of Durbin-Watson visitation for SET50 indicant in spite of appearance series of free-and-easy data, monthly data and quarterly data were 1.129, 1.377. Results of SET50 indicator indoors series of data from periodical and monthly demonstrate that set nigher to the honor of two. On early(a) hands, the result of Durbin-Watson test for SET50 Index within series of data on quarterly showed the jimmy of .706 that indicated autocorrelation in the pay arena of Thailand during iv years period.