6Fischer Black. Noise, The Journal of Finance, Vol. 41, No.3, Papers and Proceedings of the Forty- Fourth Annual Meeting of the America Finance Association, New York, New York, December 20-30, 1985. (Jul., 1986), pp. 529-543.;
7M. Kendall. The Analysis of Economic Time Series, part Ⅰ:Journal of the Royal Statistical Society, Vol96, 1953, P: 61 - 78;
8Cootner, P. H., ed. The Random Character of Stock Market Price. Cambridge MA: M.I.T. Press, 1964.;
9Roberts H. Statistical Versus Clinical Prediction of the Stock Market. Unpublished manuscript, Center for Research in Security Prices, University of Chicago, May, 1967: 135-168;
10Eugene F. Fama. Efficient capital market: Ⅱ. Journal of Finance. Vol. XLVI, NO. 5, Dec, 1991: 1575-1617;