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(Ebook) Calculation of Chances and Philosophy of the Stock Market by Jules Regnault

  • SKU: EBN-45134816
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Instant download (eBook) Calculation of Chances and Philosophy of the Stock Market after payment.
Authors:Jules Regnault
Pages:50 pages.
Year:2022
Editon:1863
Language:english
File Size:1.25 MB
Format:pdf
Categories: Ebooks

Product desciption

(Ebook) Calculation of Chances and Philosophy of the Stock Market by Jules Regnault

Jules Augustin Frédéric Regnault (French: 1 February 1834, Béthencourt – 9 December1894, Paris) was a French stock broker's assistant who first advocated a modern theory of stockprice deviations in Calcul des Chances et Philosophie de la Bourse (1863) A key conclusionappears on Page 50: "l'écart des cours est en raison directe de la racine carrée des temps", inEnglish: "the deviation of prices is directly proportional to the square root of time". He is also oneof the first authors who tried to create a "stock exchange science" based on statistical andprobabilistic analysis. His hypotheses were used by Louis Bachelier. When he died, his fortune was estimated at 1,026,510.03 francs (that is more than 3.8 million euros2004). 
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