What Is Financial Risk Management?
In this article, I intend to discuss the importance of market data, decentralized finance (DeFi) econometrics and applied DeFi research on crypto (and digital) assets as a corollary to financial econometrics and applied research. I will also attempt to draw upon the perspective and findings from Eugene Famas seminal papers based on his interest in measuring the statistical properties of stock prices and resolving the debate between technical analysis (the use of geometric patterns in price and volume charts to forecast future price movements of a security) and fundamental analysis (the use of accounting and economic data to determine a securitys fair value). Nobel laureate Fama operationalized the efficient market hypothesis  summarized compactly in the epigram that prices fully reflect all available information in efficient markets.