The DOI matches its Crossref record.
The Behavior of Stock-Market Prices
Overview
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Claims the paper makes
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Self-check
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Citations
Cited by
Risk, Return, and Equilibrium: Empirical Tests
Fama, E. F., & MacBeth, J. D. (1973) · Journal of Political Economy · doi:10.1086/260061 · Cited by 14,258
Self-citationShleifer, A., & Vishny, R. W. (1997) · The Journal of Finance · doi:10.1111/j.1540-6261.1997.tb03807.x · Cited by 5,291
FAMA, E. F. (1991) · The Journal of Finance · doi:10.1111/j.1540-6261.1991.tb04636.x · Cited by 5,350
Self-citationTwitter mood predicts the stock market
Bollen, J., Mao, H., & Zeng, X. (2011) · Journal of Computational Science · doi:10.1016/j.jocs.2010.12.007 · Cited by 5,206
“Early research on stock market prediction [1], [2], [3] was based on random walk theory and the Efficient Market Hypothesis (EMH) [4].”
BackgroundSimple technical trading rules and the stochastic properties of stock returns
BROCK, W., LAKONISHOK, J., & LeBARON, B. (1992) · The Journal of Finance · doi:10.1111/j.1540-6261.1992.tb04681.x · Cited by 2,301
Metadata
- Authors
- Fama, E. F.
- Venue
- The Journal of Business
- Publisher
- University of Chicago Press
- Published
- 1965-01
- Volume
- 38
- Issue
- 1
- Pages
- 34
- ISSN
- 0021-9398 (ISSN-L)
- 1537-5374
- OpenAlex
- W2090637028
- Cited by
- 8,664
- References
- 0
- FWCI
- 59.28
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
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How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: The Behavior of Stock-Market Prices. https://app.cochat.ai/papers/10.1086/294743
- The paper
- Fama, E. F. (1965). The Behavior of Stock-Market Prices. The Journal of Business. https://doi.org/10.1086/294743
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
