Semi strong form of the efficient market theory


Which one of the following would provide evidence against the semi strong form of the efficient market theory?

a. About 50% of pension funds outperform the market in any year.

b. All investors have learned to exploit signals about future performance.

c. Trend analysis is worthless in determining stock prices.

d. Low P/E stocks tend to have positive abnormal returns over the long run.

Solution Preview :

Prepared by a verified Expert
Finance Basics: Semi strong form of the efficient market theory
Reference No:- TGS0679003

Now Priced at $5 (50% Discount)

Recommended (91%)

Rated (4.3/5)