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stochastic

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
stochastic /sto·chas·tic/ (sto-kas´tik) pertaining to a random process, particularly a time series of random variables.
stochastic [sto-kas´tik]
pertaining to a random process; used particularly to refer to a time series of random variables.

stochastic
arrived at by skilful conjecturing; allowing the opportunity for variation.

stochastic
adjective Referring to a random process; a process determined by a random distribution of probabilities; referring to a behavior not governed by known equations and initial conditions, thus unpredictable at any past or future time. See Chaos. Cf Deterministic.


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The last two bottoms in the S&P were marked by oversold stochastic readings below 20.
The slow stochastic oscillator indicates that momentum continues to be to the upside, but may fade once reaching the so-called 'overbought'-80 level.
9781848210813 Mathematical finance; deterministic and stochastic models.
 
 
 
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