ВИКОРИСТАННЯ АЛГОРИТМІВ ГЕНЕРАЦІЇ ВИПАДКОВИХ ОРДЕРІВ ДЛЯ ТЕСТУВАННЯ БІРЖОВОГО ПРОГРАМНОГО ЗАБЕЗПЕЧЕННЯ

These theses demonstrate how Random Number Generators (RNGs) testing can be used to assess the validity of the Efficient Market Hypothesis (EMH). The Overlapping Serial Test (OST), a common method in RNG analysis, is employed to identify irregular patterns within the sequences of upward and downward movements in stock markets. The findings reveal prevalent distinctive recurring patterns across most stock markets, which challenge the assumptions of the efficient market hypothesis. The Objective Short-Term (OST) test detects a unique form of non-randomness that differs from conventional econometric tests for long- and short-term memory. Identifying these anomalies could potentially improve market efficiency.