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・ Noise pop
・ Noise Pop Festival
・ Noise power
・ Noise print
・ Noise Production
・ Noise Ratchet
・ Noise Records
・ Noise reduction
・ Noise reduction (disambiguation)
・ Noise reduction coefficient
・ Noise regulation
・ Noise rock
・ Noise shaping
・ Noise spectral density
・ Noise temperature
Noise trader
・ Noise Unit
・ Noise Viola
・ Noise Viola (album)
・ Noise vs. Beauty
・ Noise weighting
・ Noise Won't Stop
・ Noise, vibration, and harshness
・ Noise-based logic
・ Noise-canceling microphone
・ Noise-cancelling headphones
・ Noise-Domain Reflectometry
・ Noise-equivalent flux density
・ Noise-equivalent power
・ Noise-equivalent target


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Noise trader : ウィキペディア英語版
Noise trader
A noise trader also known informally as idiot trader is described in the literature of financial research as a stock trader whose decisions to buy, sell, or hold are irrational and erratic. The presence of noise traders in financial markets can then cause prices and risk levels to diverge from expected levels even if all other traders are rational.
In finance, noise obtained a formal definition in a 1986 paper by Fischer Black: "Noise in the sense of a large number of small events is often a cause factor much more powerful than a small number of large events can be."
==See also==

*Noise (economic)
*Noisy market hypothesis
*Quantitative analyst
*Signal noise
*Behavioral economics

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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