Modeling for the price of a stock and the liquidity by using markov chain

The im of this research is the use of markov chain for the stock price modeling, the liquidity and the demond for shares in the stock market in Iran. There for, the desired statistical society includes all the companies accepted in the tehran stock exchange with random sampling method finally 108 company was chosen as an example during the five your period since 1389 tin 1393 it has been used. The most important out come of this research is that markov chain method is suitable for use in the Tehran stock-exchange.